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Depreciation Advantages and Disadvantages

What are the advantages and disadvantages of the following methods of depreciation?
1. Straight line method
2. Reducing balance method
3. Revaluation method
4. Usage method
5. Sum of digits method
Asked by: Pooja Goolaup | Member Since Mar-2010 | Asked on: Mar 18th, 2010

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Showing Answers 1 - 1 of 1 Answers
khurram

Answered On : Mar 7th, 2012

You can choose whichever method you like however make sure you use according to the business you are running. If you want to use your expense in current period to generate extra income use double declining method. If you are not concerned about extra income use straight line method

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