Question

What results in a uniform charge to depreciation expense during each year of an asset's service life?

1) Straight-line method
2) Double-declining balance method
3) Units of production method
4) Sum-of-the-years'-digits method

Answer 1

The straight-line method results in a uniform charge to depreciation expense each year. Option 1.

Step-by-step explanation:

The method that results in a uniform charge to depreciation expense during each year of an asset's service life is the straight-line method(1).

Under the straight-line method, the same amount of depreciation expense is recorded every year, ensuring a uniform charge over the asset's useful life.

For example, if an asset has a useful life of 5 years, and its initial cost is $10,000, the straight-line method would allocate $2,000 of depreciation expense each year.