Test your knowledge of double entry bookkeeping with our straight line method of depreciation quiz.
Straight line depreciation is one method of calculating the depreciation expense on long term assets such as property, plant, and equipment.
Not Ready for the Quiz?
If you need a refresher course on the use of the straight line method of depreciation, take a look at our tutorial on the subject and our basics of bookkeeping tutorials.
Our straight line depreciation schedule calculator is available if you need assistance in completing the quiz.
Start the Straight Line Method of Depreciation Quiz
For each question click on an answer to reveal whether its Right! or Wrong.
Try Another Double Entry Bookkeeping Quiz
This straight line method of depreciation quiz is one of many of our online quizzes which are used to test your knowledge of double entry bookkeeping, discover another at the links below.
- Quiz 35: Account Identification Quiz
- Quiz 32: Inventory – Lower of Cost or Market Rule
- Quiz 31: Costing – Direct Materials Variance
- Quiz 33: Adjusting Entries Quiz
About the Author
Chartered accountant Michael Brown is the founder and CEO of Plan Projections. He has worked as an accountant and consultant for more than 25 years and has built financial models for all types of industries. He has been the CFO or controller of both small and medium sized companies and has run small businesses of his own. He has been a manager and an auditor with Deloitte, a big 4 accountancy firm, and holds a BSc from Loughborough University.