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What operation is required to calculate the depreciation of an asset's service life?

1) Addition
2) Subtraction
3) Multiplication
4) Division

1 Answer

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Final answer:

The operation required to calculate the depreciation of an asset's service life is subtraction. To calculate depreciation, you subtract the initial value of the asset from its current value.

Step-by-step explanation:

The operation required to calculate the depreciation of an asset's service life is subtraction.

Depreciation is the decrease in value of an asset over time. To calculate depreciation, you subtract the initial value of the asset from its current value.

For example, if the initial value of an asset is $10,000 and its current value is $8,000, the depreciation would be calculated as $10,000 - $8,000 = $2,000.

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