Sentences with DECLINING-BALANCE-METHOD-OF-DEPRECIATION
Check out our example sentences below to help you understand the context.Sentences
1
"The declining balance method of depreciation is a popular way to calculate the loss in value of an asset over time."
2
"Under the declining balance method of depreciation, the asset's value is reduced by a fixed percentage each year."
3
"Using the declining balance method of depreciation, the asset's value declines more rapidly in the early years and less in the later years."
4
"Companies often choose to use the declining balance method of depreciation for assets that are expected to have a higher rate of obsolescence."
5
"By utilizing the declining balance method of depreciation, companies can allocate higher expenses in earlier years and lower expenses in later years."
6
"The declining balance method of depreciation is also known as an accelerated depreciation method."
7
"With the declining balance method of depreciation, the book value of an asset is reduced each year based on a fixed percentage."
8
"The declining balance method of depreciation assumes that an asset will lose more value in the earlier years due to wear and tear."
9
"Most accounting standards allow the use of the declining balance method of depreciation."
10
"By using the declining balance method of depreciation, companies can better reflect an asset's declining value over time."
11
"The declining balance method of depreciation is commonly used for assets like vehicles and machinery."
12
"One advantage of the declining balance method of depreciation is that it allows for larger tax deductions in the early years of an asset's life."
13
"The declining balance method of depreciation can result in a lower net income in the earlier years of an asset's life."
14
"Using the declining balance method of depreciation requires estimating both the asset's useful life and its salvage value."
15
"The declining balance method of depreciation is a common practice in the construction industry."
16
"The declining balance method of depreciation is especially useful for assets that rapidly lose value due to technological advancements."
17
"The declining balance method of depreciation is one of several acceptable depreciation methods allowed by the IRS."
18
"Companies must carefully document their use of the declining balance method of depreciation in their financial statements."
19
"The declining balance method of depreciation is widely used by businesses to account for the loss of an asset's value over time."
20
"The declining balance method of depreciation can result in a larger expense recognition in the earlier years of an asset's life."
1
"The declining balance method of depreciation is commonly used in accounting."
2
"Under the declining balance method of depreciation, the asset is depreciated by a fixed percentage each year."
3
"The declining balance method of depreciation is a more accelerated depreciation method."
4
"Companies often prefer using the declining balance method of depreciation for tax purposes."
5
"The declining balance method of depreciation allows businesses to deduct higher depreciation expenses in the early years."
6
"Using the declining balance method of depreciation can result in a lower book value for the asset."
7
"With the declining balance method of depreciation, the amount of depreciation expense declines each year."
8
"The declining balance method of depreciation is also known as the reducing balance method."
9
"The declining balance method of depreciation is widely accepted in financial reporting."
10
"Under the declining balance method of depreciation, the asset's value is reduced each year."
