Double-Declining Balance Depreciation Method

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Definition: Double-Declining Balance Depreciation Method

Double-Declining Balance Depreciation Method
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Full Definition of Double-Declining Balance Depreciation Method

Method of accelerated depreciation, in which double the straight-line depreciation amount is taken the first year, and then that same percentage is applied to the undepreciated amount in subsequent years.

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https://payrollheaven.com/define/double-declining-balance-depreciation-method/
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Double-Declining Balance Depreciation Method. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/double-declining-balance-depreciation-method/.
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Double-Declining Balance Depreciation Method. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/double-declining-balance-depreciation-method/ (accessed: April 19, 2024).
American Psychological Association (APA):
Double-Declining Balance Depreciation Method. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/double-declining-balance-depreciation-method/

Definition Sources

Definitions for Double-Declining Balance Depreciation Method are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.