Which of the following is a difference between the straight-line method and the double-declining-balance method...
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Accounting
Which of the following is a difference between the straightline method and the doubledecliningbalance method of depreciation?
a The straightline method depreciates an asset below its residual value, whereas the doubledecliningbalance method does not depreciate an asset below its residual value.
b In the straightline method, depreciable cost is calculated as cost less residual value, whereas in the doubledecliningbalance method, depreciable cost is recorded as declining book value over the fixed asset's useful life.
c The straightline method does not require an outlay of cash when depreciation is recorded, whereas in the doubledecliningbalance method an outlay of cash is required when depreciation is recorded.
d According to the straightline method, depreciation declines over an asset's useful life, whereas according to the doubledecliningbalance method, depreciation increases over an asset's useful life.
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