0
double declining method
it use the number of years only
for example
I.V=120 000$
S.V=2000$
n=5 Years
so.........
Depretiation factor = 2 * 1/n =2*1/5 =.4
year depretiation book value
0 0 120000
1 48000(120000*.4) 72000 (120000-48000)
2 28800 43200
3 17280 25920
4 10368 20000(S.V)
5 0 0
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What depreciation method does target use?
the straight line method
Which method of depreciation would you use if you were to receive a bonus which is based on net profit?
which method of depreciation to use when bonus is received that is based on net profit
What depreciation method does wal-mart use?
Straight line
What type of depreciation method does the company probably use for income tax purposes?
Straight line method.
Distinguish between depreciation policy and the concept of depreciation?
Depreciation policy is management thing that what depreciation method to use and how much depreciation to charge to each asset. Depreciation concepts are concepts which govern the depreciation process which management cannot change they are universal rules to follow depreciation that how straight line depreciation work etc.
Which depreciation method does not use residual value in calculating the first years depreciation expense?
Declining-Balance
What is the amount of depreciation using the double declinging method for the second year of use for equipment costing 9000 with an estimated residual value of 600 and as estimated life of three year?
Depreciation for 1st year = 6000 Depreciation for 2nd year = 2000 Depreciation for 3rd year = 400
What depreciation method does target use?
the straight line method
Which method of depreciation would you use if you were to receive a bonus which is based on net profit?
which method of depreciation to use when bonus is received that is based on net profit
Define depreciation Why it is calculated and what are the different approaches to calculate the depreciation?
AnswerDepreciation measures the decline in the useful economic value of an asset due to use or obsolescence. It can be calculated using the straight line method, sum-of-digits method, double-declining method, unit-of-production method.*****ShaeBest
What method of depreciation does Target Corp use on their financial statements?
According to their annual report, Target generally uses the accelerated depreciation method.
What depreciation method does wal-mart use?
Straight line
What type of depreciation method does the company probably use for income tax purposes?
Straight line method.
Depreciation methods by law?
as per accounting standards issued by icai depreciation can be charged by following two methods 1)straight line method 2)written down value method but as per income tax act depreciation is allowed by way of wdv method.
What type of depreciation system does Boeing company use?
Straight line method
Distinguish between depreciation policy and the concept of depreciation?
Depreciation policy is management thing that what depreciation method to use and how much depreciation to charge to each asset. Depreciation concepts are concepts which govern the depreciation process which management cannot change they are universal rules to follow depreciation that how straight line depreciation work etc.
What do you use a chlorine test for?
Standard Test Method for Residual Chlorine in Water
