What is Double Declining Balance Method of Depreciation? | PMP Exam | Accelerated Depreciation

Double Declining Method of Depreciation belongs to the "Accelerated Depreciation" category of depreciation techniques. In this method, there is rapid depreciation in initial years. Depreciation decreases with time.
In this lesson, we will cover the following
* What is double declining method of depreciation?
* How to calculate double declining depreciation?
* What is Accelerated Depreciation?
* What is the formula for double declining depreciation?
* Sample problems for double declining method
#SunnySensei

[@sjsu2024]

best explanation so far, thank you!

[@sunny.sensei]

I am glad you liked the lesson 😊

[@anuragchoudhury7207]

Waah, kya baat hai sir ❤

[@sunny.sensei]

Thanks, Anurag 😊

[@gersonselema4506]

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[@sunny.sensei]

Thank you for your kind message. I am glad that you liked the lesson.

[@anishaneupane1200]

Thankyou. You have explained very well.

[@sunny.sensei]

Thank you for your feedback.

[@davidhuang2070]

Extremely helpful thanks sensei

[@sunny.sensei]

You are most welcome 🙏😊

[@ireneannarajan7613]

The vedio was very helpful sir..... Thanks a lot 🤩

[@sunny.sensei]

I am glad that you liked the lesson 😊

[@LavenderBon]

Thank you sir

[@sunny.sensei]

You are most welcome 🙏

[@rynne1056]

How about the residual value? Do we need to calculate it or not?

[@sunny.sensei]

The residual value is referred to as “salvage value” in the lesson. Residual Value or the Salvage Value has to be considered while calculating the depreciation. Please have another look at the sample questions in the lesson.

[@padmanabhsahasrabudhe]

By Straightline method the depreciation is not 10% but 9.9 percent since the residual value is 1000. Is that correct?

[@shine2678]

just round it off to 10

[@intruder7376]

​@@shine2678 We can't round off percentage rates as we do with amounts, I think he is asking In slm method depreciation per year will be 9900, which is 9.9% of 100000.

[@sunny.sensei]

You are right. If we use the Straight Line Method, the depreciation will be 9.9%. You might find this lesson on Straight Line Depreciation helpful: kzbin.info/www/bejne/joXWgWCGiLeUrK8si=yE4H5Rt6P4FOwttX All the best with your studies!