Depreciation: straight-line, diminishing-balance and units-of-use

What this note covers

1. Why non-current assets are depreciated
2. Straight-line method
3. Diminishing-balance method
4. Units-of-use method
5. Choosing and justifying a method
6. How this is examined and what separates a top response

6 sections · 10 key terms & formulas · 6 common mistakes