Introduction to Straight-Line Depreciation
Depreciation is the reduction in value of an asset over its useful life, and the recognition of the resulting expense. It can be calculated in several ways.
The Straight-Line method is the simplest way to calculate annual depreciation, comparing the purchase price of the asset, its years of life, and its final salvage value.
This Formula Solver will walk you through the calculations, and let you use your own numbers to calculate your own Straight-Line Depreciation.
Calculating straight-line depreciation just got easier with this Formula Solver. We’ll walk you through the steps, using your numbers for the purchase price, salvage value, and years of life to find the annual depreciation for an asset.