Declining Balance Method of Depreciation

Concept of Declining Balance Method of Depreciation in the context of Real Property

A short definition of Declining Balance Method of Depreciation: Depreciation by a fixed annual percentage of the balance after deducting each yearly depreciation amount.

Concept of Declining Balance Method of Depreciation in the context of Real Property

A short definition of Declining Balance Method of Depreciation: Depreciation by a fixed annual percentage of the balance after deducting each yearly depreciation amount.