Examlex
Which refers to an organized and searchable set of information, often categorized by subject areas?
Double-Declining-Balance
A method of accelerated depreciation which doubles the straight-line depreciation rate, resulting in a faster depreciation of assets in the early years of their life.
Depreciation Expense
The organized allocation of a tangible asset's expenditure over its life of usefulness.
Straight-Line Method
A method of depreciation that allocates an equal amount of the asset's cost to each accounting period over its useful life.
Depreciation Expense
Apportioning the cost of a concrete asset over its duration of use.
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