Declining Balance Method
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In using the declining balance method, a company reports larger depreciation expenses during the earlier years of an asset’s useful life.
Declining Balance Method meaning & definition 1 of Declining Balance Method.
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a way of depreciating (= reducing the value of) a fixed asset in a companys accounts , in which the assets value is reduced by the same percentage each year, so that the reduction is less each year:
Declining Balance Method meaning & definition 2 of Declining Balance Method.
