ContentStraight-Line Depreciation MethodStraight-line depreciationStraight Line Depreciation CalculatorHow Does Depreciation Differ From Amortization?Need Business Insurance?Why should small businesses care to record depreciation? Here is the step by step approach for calculating Depreciation expense in the first method. Banyan Company shops stitching units for Rs.12000 in the year 2001 & the useful life of the Units are 5 years and the Salvage value of the machinery is Rs.6000. Among 3, this is…