Declining Balance Method

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January 1, 1 6 min read Definitions

Depreciation Methods Accounting Asset Management Depreciation Schedule Useful Life Straight-Line Method Declining Balance Method Sum-of-the-Years’-Digits Method Depreciation in Real Estate

Depreciation methods are accounting techniques used to allocate the cost of an asset over its useful life. These methods help businesses recognize the wearing out, aging, or decrease in value of an asset.