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What is the Most Common Method of Depreciation?

What is the Most Common Method of Depreciation?

    1 Answer

    1. Mike Johnson

      Mike Johnson

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      There are two common methods of Depreciation.

      • Straight-line Depreciation Method: Under this method, the fixed amount is considered as the depreciation on fixed assets.
      • Written Down Value Method(WDV): Under this method, fix percentage calculates on the opening value of the fixed and considered as the depreciation.
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