Lexic.us

Definition of Straight-line method of depreciation

1. Noun. (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.

Lexicographical Neighbors of Straight-line Method Of Depreciation

Literary usage of Straight-line method of depreciation

Below you will find example usage of this term as found in modern and/or classical literature:

1. The Fundamentals of Accounting by William Morse Cole, Anne Elizabeth Geddes (1921)
"... only if one of the two following suppositions is true: all property in the account is of the same age, or the straight-line method of depreciation is ..."

2. The Fundamentals of Accounting by William Morse Cole, Anne Elizabeth Geddes (1921)
"... or the straight-line method of depreciation is used; for otherwise though the rates might be the same for corresponding years in the Hie of the machines ..."

3. Mathematics of Finance by Henry Lewis Rietz, Arthur Robert Crathorne, J. Charles Rietz (1921)
"The straight line method of depreciation is used. At the end of 10 years it was found that the original estimate was wrong, and that the machine would last ..."

4. Lawyers' Reports Annotated by Lawyers Co-operative Publishing Company (1917)
"... it would be inequitable to change suddenly to the straight line method of depreciation, and vice versa. Under the sinking fund method the public, ..."

5. Principles of Accounting by Stephen Gilman (1916)
"With the straight line method of depreciation, however, the burden on the last few periods of the machine's life is greater than on preceding periods, ..."

6. Commission Leaflets by Legal dept, American Telephone and Telegraph Company (1914)
"... as shown by the straight line method over that shown by the sinking fund method may be enormous." The straight line method of depreciation is ..."

7. The Federal Income Tax by Thomas Sewall Adams, Thomas Reed Powell (1921)
"Many authorities on depreciation advocate methods other than the straight-line method of depreciation used by the Treasury, but no other method has received ..."

8. Transactions of the American Institute of Electrical Engineers by American Institute of Electrical Engineers (1911)
"The " straight line " method of depreciation has been more largely used than any other probably because the lives of much apparatus is brief; ..."

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