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what does straight-line method of depreciation mean?

April 26, 2017depreciation mean method straight-line

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what does straight-line method of depreciation mean?

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• STRAIGHT-LINE METHOD OF DEPRECIATION (noun) The noun STRAIGHT-LINE METHOD OF DEPRECIATION has 1 sense: 1. (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 Familiarity information: STRAIGHT-LINE METHOD OF DEPRECIATION used as a noun is very rare.