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Straight-line method in a sentence

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Sentence count:15Posted:2019-03-25Updated:2020-07-24
Similar words: straight linestraight-lacedflight linestraightstraightwaystraight ingo straightstraightenMeaning: n. (accounting) a method of calculating depreciation by taking an equal amount of the asset's cost as an expense for each year of the asset's useful life. 
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1. Depreciation method: straight-line method.
2. The straight-line method of depreciation divides the depreciable cost evenly over the useful life of an asset.
3. The available depreciation methods consist of the straight-line method, unit of production method, double declining balance method, sum of the years digits method, etc.
4. Fixed assets are depreciated using the straight-line method based on their costs less estimated residual values over their estimated useful lives.
5. Tangible fixed assets are depreciated by the straight-line method through the anticipated useful and economic life to the estimated residual value.
6. The straight-line method normally is used for amortizing intangible assets.
7. The amount of depreciation can be calculated by the straight-line method, fixed percentage method, sum-of-the-year's digits method or declining balance method.
8. For residential rental property(27.5 years) and nonresidential real property(31.5 years), the applicable method is the straight-line method.
9. Over the entire life of the asset, however, both the straight-line method and accelerated methods recognize the same total amount of depreciation.
10. Patent and other intangible assets are initially recorded at actual cost, and amortised using the straight-line method less than 10 years generally.
11. Waterline is inside a translucent jade the same thing as the ribs are as straight-line method or the approximate straight line in the form of display.
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12. Article 21An enterprise shall compute the depletion of its wells and other relevant facilities by adopting the output method or the straight-line method.
13. A taxpayer may make an irrevocable election to treat all property in one of the classes under the straight-line method.
14. Prepaid land lease payments are amortised over the term of the lease by the straight-line method.
15. At the same time, the methods also extract information of a number of characteristic peaks. In conclusion, the methods are superior to straight-line method on background reduction.
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