Double Declining Balance Method Of Depreciation

 

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Double Declining Balance Method Of Depreciation

A use of the declining balance method, but with double the depreciation allowable by straight line. An accelerated method.



Double Declining Balance Method Of Depreciation

Similar Matches

Depreciation

Depreciation

1. A fall in the value of a country's currency on the exchange market, relative either to a particular other currency or to a weighted average of other currencies. The currency is said to depreciate. Opposite of "appreciation." 2. The decline in value or usefulness of a piece of capital over time, and/or with use.


Depreciation

Depreciation

The charge in a company's accounts which reflects the reduction in value of an asset over time as its useable life is exhausted.Depreciation is charged before calculation of profit, on the grounds that the use of capital assets is one of the costs of being in business and one of the contributors to profit.There are two main methods of depreciation:Straight line: the residual (scrap) value of the asset is deducted from its original cost, and the resultant figure is divided by the estimated life of the asset. The result of that is deducted annually over the life of the asset. So an asset that costs 10,000 and that has a residual value of 200 with a useable life of 4 years is depreciated by 2450 per year.Reducing balance: the amount of annual depreciation is a constant proportion of the cost of the asset.Depreciation has no effect on cash flow. It is just an accounting procedure.


Sum of the years digits depreciation

Sum of the years digits depreciation

Method of accelerated depreciation.


Double declining balance depreciation

Double declining balance depreciation

Method of accelerated depreciation.


Straight line depreciation

Straight line depreciation

Amortizing or apportioning an equal dollar amount of depreciation in each accounting period.


Further Suggestions

Accrued Depreciation
Depreciation tax shield
Real appreciation or depreciation
Book Depreciation
Depreciation
Capital appreciation or depreciation
Currency depreciation
Earnings before interest, taxes, and depreciation (EBITD)
Asset Depreciation Range System
Recapture Of Depreciation
Double declining balance depreciation method (DDB)
Currency depreciation
Capital depreciation
Earnings before interest, taxes, depreciation, and amortization (EBITDA)
Declining Balance Method Of Depreciation


 
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