arrow
arrow
arrow
Straight line method of estimating annual depreciates of tractor is:
Question

Straight line method of estimating annual depreciates of tractor is:

A.

Depreciation the tractor to zero at the end of its useful life.

B.

Larger amount during early life.

C.

Decreasing amount during later life.

D.

Equal amount each year during its useful life.

Correct option is A

✅ (a) Depreciation the tractor to zero at the end of its useful life: • In the straight-line depreciation method, the asset’s cost is reduced equally every year until it reaches zero or salvage value at the end of its useful life. • Formula: (Cost – Salvage Value) / Useful life = Annual depreciation • This method provides a simple and consistent accounting value.
❌ (b), (c), (d): • These describe declining balance or variable depreciation methods, not straight-line.

Free Tests

Free
Must Attempt

IBPS Agriculture Field Officer (Mains) Mock 02

languageIcon English
  • pdpQsnIcon60 Questions
  • pdpsheetsIcon60 Marks
  • timerIcon45 Mins
languageIcon English
Free
Must Attempt

UPSSSC AGTA PYP Held on July 13, 2025

languageIcon English
  • pdpQsnIcon100 Questions
  • pdpsheetsIcon100 Marks
  • timerIcon120 Mins
languageIcon English
Free
Must Attempt

UPSSSC AG TA Full Length Mock 01

languageIcon English
  • pdpQsnIcon100 Questions
  • pdpsheetsIcon100 Marks
  • timerIcon120 Mins
languageIcon English
test-prime-package

Access ‘UPSSSC AG TA’ Mock Tests with

  • 60000+ Mocks and Previous Year Papers
  • Unlimited Re-Attempts
  • Personalised Report Card
  • 500% Refund on Final Selection
  • Largest Community
students-icon
446k+ students have already unlocked exclusive benefits with Test Prime!
Our Plans
Monthsup-arrow