Differences Between Accelerated Depreciation and Straight-Line
Depreciation in business refers to any kind of reduction in the value of an asset over time. The wear, tear, and usage of the asset cause it to lower its value. It is inevitable and is an expense to the business owner. Today we look at two types of depreciation namely accelerated Depreciation and Straight-Line Depreciation. Let’s find out their differences and get to know how you can apply each to your business.