straight-line method of depreciation


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Noun1.straight-line method of depreciation - (accounting) a method of calculating depreciation by taking an equal amount of the asset's cost as an expense for each year of the asset's useful life
accounting - a system that provides quantitative information about finances
wear and tear, depreciation - decrease in value of an asset due to obsolescence or use
References in periodicals archive ?
While the company and its subsidiaries traditionally used the declining-balance method for calculating depreciation of property, plant, and equipment, the company has resolved for, starting from the fiscal year ending March 31, 2017, the company and its subsidiaries adopt the straight-line method of depreciation as a general rule.
She depreciates the room under IRC section 168 as nonresidential real property using the optional depreciation table that corresponds with the general depreciation system, the straight-line method of depreciation, a 39-year recovery period, and the midmonth convention.