Asset cost is the total costs linked with the purchase of an asset. The asset cost acquires into concern to all of the costs that can be recognized to its obtaining and to putting the asset to employ. These costs can include such features as the purchase commissions, price, appraisals, transportation, warranties and installation.
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