Why use it?
Helps distribute asset cost over useful life for accounting planning.
Lets you compare straight-line and declining balance outcomes quickly.
Calculate depreciation, accumulated depreciation, and ending book value using straight-line and declining balance methods.
Calculate period depreciation using straight-line or declining-balance method.
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Helps distribute asset cost over useful life for accounting planning.
Lets you compare straight-line and declining balance outcomes quickly.
Returns yearly depreciation, accumulated depreciation, and ending book value.
Also shows annual rate based on the selected method.