The straightline depreciation method a reports an equal amou

The straight-line depreciation method:

a. reports an equal amount of depreciation expense each year.

b. reports more depreciation expense in a year when an asset is heavily used and less in a year when the asset is hardly used at all.

c. reports a higher amount of depreciation expense in the early years of an asset\'s use.

d.   can be used only by small companies.

Solution

The answer is \"a. reports an equal amount of depreciation expense each year\".

Straight line method of depreciation provides equal amount of depreciation over the useful life of asset.