Answered

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All of the following are needed for the calculation of straight-line depreciation except:

a. cost

b. residual value

c. estimated life

d. units produced

Sagot :

Units produced is not needed for the calculation of straight-line depreciation.

With straight-line depreciation, an organisation may spread the cost of a fixed asset over the time it will be used to generate value. Correct depreciation has an impact on a company's income statement, balance sheet, profitability, and net assets. Straight line depreciation is calculated by multiplying the asset's cost by its estimated salvage value divided by the asset's anticipated useful life. Where: The cost of the asset, including any associated capital expenditures, is the asset's initial purchase price or construction cost.

Learn more about straight-line depreciation here:

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