Which method does not deduct residual value in calculating depreciation expense?
A)Straight-line method
B)Units-of-production method
C)Declining-balance method
D)None of these
E)All of these

Question

Quizplus · Accepted Answer

The declining-balance method does not deduct the residual value in the calculation of the annual depreciation expense. Instead, it applies a constant rate of depreciation to the book value of the asset at the beginning of each period, which decreases over time.

Which Method Does Not Deduct Residual Value in Calculating Depreciation