Examlex
Match the following.
-rem
150%-Declining-Balance
A method of accelerated depreciation which computes depreciation expense at 150% of the straight-line rate.
Depreciation
The accounting method of allocating the cost of a tangible or physical asset over its useful life.
Residual Value
The projected worth of an asset upon the completion of its lifespan.
Composite Depreciation
A method of depreciation where a single depreciation rate is applied to the aggregate cost of multiple assets with similar characteristics and useful lives.
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