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Double Declining Balance (DDB) Depreciation

Categories:
Accounting
| Contributor:
Valentina
Tags:

Definition

The double declining balance depreciation method is an accelerating method which doubles the rate of depreciation when compared to the straight line method. For calculating the depreciation expense: ( acquisition cost - book value - accumulated depreciation)*0.50

Example

In earlier years, the DDB method gives a higher depreciation expense compared to the following years.

Source and advanced materials

https://efinancemanagement.com/financial-accounting/double-declining-depreciation

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