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Depreciation Expense
Allocating the expense of a physical asset in a structured manner throughout its service life.
Double-Declining Balance Method
The Double-Declining Balance Method is an accelerated depreciation technique that doubles the rate of straight-line depreciation to allocate a asset's cost more quickly.
Activity Method
A depreciation technique that allocates the cost of an asset over its useful life based on its level of activity, such as units produced or hours used.
Sum-Of-The-Years'-Digits Method
A depreciation technique that accelerates the expense recognition, basing the calculation on a fraction of the sum of the years’ digits of the asset’s life.
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