There are various methods of calculating the amount of depreciation. These methods are listed below.
1. Fixed Installment Method
2. Diminishing Balance Method
3. Annuity Method
4. Depreciation Fund Method
5. Insurance Policy Method
6. Revaluation Method
7. Machine Hour Rate Method
8. Sum Of The Year's Digits Method
Fixed installment method and diminishing balance method are most commonly used methods of providing depreciation.
1. Fixed Installment Method
2. Diminishing Balance Method
3. Annuity Method
4. Depreciation Fund Method
5. Insurance Policy Method
6. Revaluation Method
7. Machine Hour Rate Method
8. Sum Of The Year's Digits Method
Fixed installment method and diminishing balance method are most commonly used methods of providing depreciation.
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