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TASAccountingQuick questions
Financial Accounting
Quick questions on Depreciation of Non-Current Assets - TCE Accounting (Tasmania)
2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is straight-line method?Show answer
Straight-line charges the same expense every year.
What is reducing-balance method?Show answer
Reducing-balance applies a fixed percentage to the carrying value, so the expense is largest in year one and falls each year. Residual value is not subtracted first.
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