List various methods for calculating depreciation.

List various methods for calculating depreciation.


Methods for calculating depreciation are:

-Straight Line Method
-Written Down Value(Reducing Balance)Method
-Production Unit Method
-Production Hour Method
-Joint Factor Rate Method
-Revaluation Method
-Renewal Method
Explain straight line method to calculate depreciation.
It is the simplest and most often used technique. The components used to calculate Straight Line Method are:…
Explain Written Down Value (Reducing Balance) method to calculate depreciation
In Written Down Value Method, the rate of depreciation is predetermined. This is done by deducting the amount of depreciation charged before….Formula to calculate:…
Explain production unit method to calculate depreciation
Production Unit Method is also a method of calculating depreciation. According to this method...Formula to calculate..
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