Reducing balance depreciation

Tax Accounting vs GAAP
Verb (infinitive)
US
UK
Reducing balance depreciation
US
UK
a method which imposes a set rate of depreciation on the remaining balance of the asset
US
UK
The new premises cost $100,000 but as we will be using reducing balance depreciation over 5 years, the first year will cost us the most.
Related vocabulary View Topical Reading Visit the Shop