Accelerated Depreciation Method: Double-Declining-Balance
Double-declining-balance (DDB) method allows depreciation to be recorded at twice the rate of depreciation under straight-line method.
Where:
Accumulated depreciation = the summation of all depreciation already recorded from the use of the asset
n = useful life in years
12. Calculating Depreciation Expense Using the DDB Method
Exercise
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12. Calculating Depreciation Expense Using the DDB Method
Solution
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