Question

When an accelerated depreciation method is used to calculate depreciation expense: Multiple Choice the net book value of the asset halfway through its useful life will be less than if straight-line depreciation is used. the net book value of the asset at the end of its useful life will be less than if straight-line depreciation is used. depreciation expense will be less in the early years of the asset's life than if straight-line depreciation is used. the accumulated depreciation account balance will increase by a larger amount in the last half of an asset's life than if straight-line depreciation is used.

Answer 1

Answer:

the net book value of the asset halfway through its useful life will be less than if straight-line depreciation is used.

Explanation:

The accelerated depreciation is a depreciation method in which the asset lossed the book value at instant rate as compared with the traditional method also it permits the higher deduction in the starting years so that to minimize the taxable income

Therefore in the given case, the net book value of the asset would be halfway associated with the useful life also it would be lower as compared with the straight line method

Therefore the option A is correct