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    Tharik_409

    Can You Define 3 Types Of The Depreciation Simple With Example?

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    Jannifer

    Well dear! The types are there:

    1. Straight line depreciation : For example,  In this type each time the fixed amount of cost is subtracted from the book value.
    2. Double declining balance: For example, In this method twice the straight line rate is calculated and multiplied each year with the book value of asset.
    3. some of the year's digit: The number of time periods divided by the sum of the total number of time periods. 
    click on the link to get more information: accounting information
    have fun!

    answered 5 months ago   

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