The first full manifestation of modern nationalism occurred in 17th-century England, in the Puritan revolution. England had become the leading nation in scientific spirit, in commercial enterprise, in political thought and activity.
Step 1. Determine the original cost of the asset and its useful life. The original cost of the asset is the price you paid for it and the useful life of the asset is the number of years that it will be able to create value for you or the organization. Step 2. Calculate depreciation using the straight line method.This is the easiest, and therefore most common, depreciation methodology.he original cost of the asset is the price you paid for it and the useful life of the asset is the number of years that it will be able to create value for you or the organization. Step 2. Calculate depreciation using the straight line method. This is the easiest, and therefore most common, depreciation methodology.
the depreciation amounts for each method to decide which one is best. Straight-Line Depreciation Method The straight-line method is the easiest way to calculate depreciation of an asset. Youâll need to know three things â the useful life of the asset, the salvage value of the asset (what itâs worth after its useful life has run out), and the cost of the asset. First subtract salvage value from the cost, and then divide by useful life. Using this method, depreciation will be the same each year.