by boris
in Bookkeeping
Depreciation Expense Formula + Calculation Tutorial
The double-declining-balance method, or reducing balance method,9 is used to calculate an asset’s accelerated rate of depreciation against its non-depreciated balance during earlier years of assets useful life. Depreciation ceases when either the salvage value or the end of the asset’s useful life is reached. But in practice, most companies prefer straight-line depreciation for GAAP […]
