The Accumulated Depreciation Straight Line Method is a process used in accounting to record the gradual decrease of an asset’s value over its useful life. In this method, depreciation is calculated on the basis of a fixed rate multiplied by the initial cost of the asset, and is spread equally over the entire period of use. This helps companies accurately keep track of their depreciation expenses and allows them to better plan for future purchases. By understanding and utilizing the Accumulated Depreciation Straight Line Method, businesses can efficiently manage their finances, invest in necessary improvements, and make sound long-term investments.