Depreciation

Depreciation is the decrease in the value of asset annually. Depreciation is the allocation of money of an asset over its useful life. Accounting treatment of depreciation is that fixed asset less amount of depreciation the result will give the current value of asset.

Annuity Method of Depreciation

Annuity Method of Depreciation: Learning Objectives: What is annuity method of depreciation? Where is it adopted? According to this method, the purchase of the asset concerned is considered an investment of capital, earning interest at certain rate. The cost of the asset and also

Double Declining Balance Method of Depreciation

Double Declining Balance Method of Depreciation: Learning Objectives: Define and explain the double declining balance method of depreciation. What is double declining balance formula and and also provide example. Double declining balance method is another type of accelerated depreciation method followed generally in USA. The depreciation expense is computed by