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

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Sum of the years digits depreciation

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(1) The amount reserved each year in the accounting system for replacement of a building or other asset. (2) The useful life of a property at any given time.


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The increase or decrease in the value of the individual's investment in the property.


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