What is the Straight-Line Depreciation Formula? How to Calculate Straight-Line Depreciation Video & Lesson Transcript

Content What is Straight Line Depreciation? Step 2: Subtract Salvage Value Video Explanation of How Depreciation Works Year-End Bookkeeping and Accounting Checklist for Small Business Owners Step 4: Determine Annual Depreciation Rate The owner of the house can deduct a set amount of the cost of the air conditioner each year on his or her […]