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Friday, 25 July 2008
 
 

Using Microsoft Excel's Declining Balance Depreciation Function

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Using Microsoft Excel's Declining Balance Depreciation Function

The DB function calculates fixed declining balance depreciation for an asset given the cost, it's salvage value, estimated economic life, the accounting period for which depreciation is being calculated, and, optionally, the number of month in first year. The DB function uses the following syntax:
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