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SS2 Financial Accounting

Straight line method

Overview

Various causes of depreciation. Straight-line methods items. Calculating and post provision for depreciation to final accounts.

What you'll learn
  • Terminologies
  • - cost of the asset
  • - estimated residual value.
  • - Number of years
  • - Cash refund
  • Causes of depreciation
  • - Economic factors
  • - Time factors
  • - Depletion
  • - Physical factors