Double Declining Balance Method Calculator 1. Fixed Asset Assumptions 2. Straight Line Depreciation Rate Calculation 3. Double Declining Depreciation Rate Calculation 4. Annual Depreciation Expense Calculation (DDB) How the Double Declining Balance Depreciation Method Works The double declining balance method...
Double Declining Balance Depreciation = Double-declining Balance Rate * Opening Book Value of the Asset Repeat until the asset depreciates completely. And, you can also refer to ourDouble Declining Depreciation Calculatorfor a quick calculation. Explanation using Example Suppose that a company has purc...