When Using Straight-Line Depreciation to Compute Depreciation for a Partial

question 111

Multiple Choice

When using straight-line depreciation to compute depreciation for a partial year:

• A)compute depreciation for a full year under straight-line depreciation and multiply it by 50%.
• B)compute depreciation for a full year under straight-line depreciation and use that amount.
• C)the straight-line method automatically adjusts for partial periods,so no adjustments are needed.
• D)compute depreciation for a full year under straight-line depreciation and multiply it by the fraction of the year that you held the asset.

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