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Which method of depreciation spreads the cost of an asset evenly over its useful life?

Practice Questions

1 question
Q1
Which method of depreciation spreads the cost of an asset evenly over its useful life?
  1. Declining Balance Method
  2. Units of Production Method
  3. Straight-Line Method
  4. Sum-of-the-Years'-Digits Method

Questions & Step-by-step Solutions

1 item
Q
Q: Which method of depreciation spreads the cost of an asset evenly over its useful life?
Solution: The Straight-Line Method allocates an equal amount of depreciation expense each year over the asset's useful life.
Steps: 0

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