Some accounting principles are dead simple. Today, I’ll introduce you to the straight line method for amortization and depreciation of a company's assets over time. The name of the method nearly ...

This straight-line depreciation method evenly distributes the asset’s cost over its useful life. It works well for assets like property that tend to depreciate predictably each year. With this ...

This is where the depreciation reserve comes in handy. Straight-line or uniform depreciation is the most frequently used method of depreciating new equipment for financial statements. In straight ...

Each is suited to different asset types and financial strategies. Here are some of the most commonly used depreciation ...

Depreciation recapture is the gain realized ... the IRS has mandated all post-1986 real estate be depreciated using the straight-line method. Part of the gain beyond the original cost basis ...

A company's depreciation expense reduces the amount of taxable earnings, thus reducing the taxes owed. Several methods of calculating depreciation can be used, including straight-line basis, declining ...

Property depreciation is typically calculated using the straight-line method, which divides the original value of the property plus any additional costs associated with its purchase by the estimated ...

Record keeping is one of the most important features of managing a business financial health as it ensures that all tax-deductible expenses are taken advantage of in conjunction with the tax allowance ...