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Straight-Line Depreciation
A method of allocating an asset's cost evenly across its useful life, resulting in the same depreciation expense each year.
Depreciable Cost
The total cost of a tangible asset that can be depreciated over its useful life, excluding salvage value.
Depreciation Expense
Dividing the expense of a material asset throughout its service life.
Straight-Line Depreciation
A method of depreciating an asset evenly over its useful life, allocating an equal portion of the asset's cost as an expense in each accounting period until it reaches its salvage value.
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