Examlex
Letter C in the image below labels the:
Double Declining Balance
An accelerated method of depreciation which doubles the rate at which an asset is depreciated compared to the straight-line method.
Straight Line
A method for calculating depreciation or amortization by equally spreading the cost over the useful life of the asset.
Depreciation Expense
The allocated portion of the cost of a tangible asset over its useful life, intended to account for the decrease in value due to use and age.
Units-Of-Output Method
A depreciation method where the expense is based on the actual usage or production output of the asset.
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