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Straight-Line Method Of Depreciation Meaning In Bengali
Straight-Line Method Of Depreciation শব্দের বাংলা অর্থ কি: অবচয় সোজা লাইন পদ্ধতি
Straight-Line Method Of Depreciation
Definition
1) The straight-line method of depreciation is a commonly used accounting technique in which the cost of a tangible asset is evenly spread out over its useful life. This method assumes that the asset depreciates at a constant rate each year.
2) Under the straight-line method of depreciation, the annual depreciation expense is calculated by dividing the difference between the initial cost of the asset and its salvage value by the number of years in its useful life.
3) This method is straightforward and easy to apply, making it a popular choice for businesses to account for the decrease in value of their assets over time in a systematic manner.
Examples
Straight-Line Method Of Depreciation Example in a sentence
1) The company used the straight-line method of depreciation to calculate the annual asset value decrease.
2) Under the straight-line method of depreciation, the asset's value drops evenly over time.
3) The accountant explained the benefits of the straight-line method of depreciation to the financial team.
4) Investors prefer the transparency of the straight-line method of depreciation for forecasting purposes.
5) The straight-line method of depreciation is one of the most commonly used accounting methods.
6) The bookkeeper applied the straight-line method of depreciation to all fixed assets in the company.
7) To determine annual depreciation expenses, the organization utilized the straight-line method.
8) The CFO recommended switching to the straight-line method of depreciation for simplification.
9) The straight-line method of depreciation spreads the cost of an asset evenly over its useful life.
10) Following industry standards, the business adopted the straight-line method of depreciation for all equipment purchases.
Synonyms
Antonyms
Wavy-Line Method of Depreciation
Zigzag-Line Method of Depreciation
Encyclopedia
The straight-line method of depreciation is a commonly used accounting technique in which the cost of a tangible asset is evenly spread out over its useful life. This method assumes that the asset depreciates at a constant rate each year.
Under the straight-line method of depreciation, the annual depreciation expense is calculated by dividing the difference between the initial cost of the asset and its salvage value by the number of years in its useful life.
This method is straightforward and easy to apply, making it a popular choice for businesses to account for the decrease in value of their assets over time in a systematic manner.
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