The formular for calculating depreciation using straight line method is
FINANCIAL
JAMB 2021
The formular for calculating depreciation using straight line method is
- A. Cost-scrap value/useful life
- B. Scrap value+sales/useful life
- C. Sales-scrap value/useful life
- D. Purshases+sales/useful life
Correct Answer: B. Scrap value+sales/useful life
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