An accelerated method of depreciation used in business. The basic formula is two times the straight line depreciation times the remaining book balance of the particular asset. It is one the methods used when the business desires an extremely high depreciation value in the early part of the life expectancy of the asset.
When it comes to depreciation, no two businesses are alike. Unlike traditional straight line depreciation where the asset value is cost out to depreciation expense in equal increments over a given life expectancy, accelerated depreciation […]