Posted: March 16th, 2015

depreciation

depreciation

As you have seen, companies sometimes have choices in financial accounting. In this module, you have learned of three widely used depreciation methods that can be used. Discuss why these choices exist. Would it be possible to force all companies to use one depreciation method? Why or why not?

The three main depreciation methods:
•    Straight-line
•    Units-of-production
•    Double-declining-balance-an accelerated depreciation method

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