Answer:
A. produce the same total depreciation over an asset's useful life
Explanation:
Depreciation refers to a fall in the value of an asset due to normal wear and tear or efflux of time.
Under straight line method of depreciation, the total depreciation chargeable on an asset is spread over it's useful life. It is given by the formula:
Depreciation = [tex]\frac{Original\ Cost\ - Salvage\ Value}{Years\ of\ useful\ life}[/tex]
Under double declining balance method, the depreciation in the first year is the greatest and charged the lowest in the last year. Under this method, the asset is depreciated at twice i.e double the rate of depreciation calculated in straight line method.
But the total depreciation charged over an asset's life is the same under both the methods.
