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On Reducing Balance Method?

Maya Lin-Takahashi • • 6 min read
On Reducing Balance Method?
★ Key Takeaways

Under the Reducing Balance Method, the Amount of Depreciation Is Calculated by Applying a Fixed Percentage on the Book Value of the Asset Each Year. in This Way, the Amount of Depreciation Each Year Is Less Than the Amount Provided for in the Previous Year.

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Direct Answer • Key Takeaway

Under the Reducing Balance Method, the Amount of Depreciation Is Calculated by Applying a Fixed Percentage on the Book Value of the Asset Each Year. in This Way, the Amount of Depreciation Each Year Is Less Than the Amount Provided for in the Previous Year.

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Maya Lin-Takahashi
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Maya Lin-Takahashi

Maya is a hardware enthusiast who tests and reviews smart home devices, smartphones, wearables, and audio gear. She focuses on practical consumer value and build quality.