Double Declining Balance Method Of Depreciation
The definition for 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.
Accrued DepreciationAccrued Depreciation
(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.
Book DepreciationBook Depreciation
Depreciation reserved (on the books) by an owner for future replacement or retirement of an asset.
Declining Balance Method Of DepreciationDeclining Balance Method Of Depreciation
Depreciation by a fixed annual percentage of the balance after deducting each yearly depreciation amount.
Further Suggestions Depreciation
Recapture Of Depreciation
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