The formular for calculating depreciation using straight line method is

Accounts - Principles of Accounts JAMB 2021

The formular for calculating depreciation using straight line method is

 

  • Cost-scrap value/useful life checkmark
  • Scrap value+sales/useful life
  • Sales-scrap value/useful life
  • Purshases+sales/useful life

The correct answer is: A

Explanation

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