Skip to content

Double-declining balance formula

December 21, 2015

DDB = (Cost – Accounting Depreciation) x (2/Useful Life)

NBV = Cost – Accounting Depreciation

Do not depreciation below salvage value.

Advertisements
Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: