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accounting vs declining balance method of depreciation

declining balance method of depreciation vs accounting

accounting and declining balance method of depreciation both are nouns.

Word NounAdjectiveVerbAdverb
accounting Yes No No No
declining balance method of depreciation Yes No No No
accounting (noun) declining balance method of depreciation (noun)
the occupation of maintaining and auditing records and preparing financial reports for a business a way of calculating the depreciation of an asset whereby one subtracts a certain percentage of its current value each year.
a system that provides quantitative information about finances
a convincing explanation that reveals basic causes
a statement of recent transactions and the resulting balance
a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
Difference between accounting and declining balance method of depreciation

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