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Question Practice

In the straight-line method of depreciation, how is the annual depreciation expense calculated?

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MCQ_SA
CBSE
Class 11
Accountancy
Accountancy - II
Financial Statements - II
Question Bank

In the straight-line method of...

Single Answer MCQ
Q-00053637

In the straight-line method of depreciation, how is the annual depreciation expense calculated?

1

Cost of the asset divided by useful life

2

Cost of the asset multiplied by rate of depreciation

3

Residual value of the asset divided by useful life

4

Annual income generated by the asset

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