Examlex
What is the relationship between the compounds below?
Straight-Line Method
A method of calculating depreciation by evenly spreading the cost of an asset over its useful life.
Adjusting Entry
A journal entry made at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.
Straight-Line Method
A method of calculating depreciation or amortization by evenly allocating the cost of an asset over its useful life.
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