Lakhasly

Online English Summarizer tool, free and accurate!

Summarize result (50%)

double declining-balance is one of two declining balance methods.The method is so named because the periodic depreciation is sed on a dechining book value of the asset.With this method, companies compute NOL BLE DECLINING BALANCE-METHOD: al depreciation expense by multiplying the book value at the beginning of the by the straight-line depreciation rate multiplied by two.The double Alining-balance method produces a decreasing annual depreciation expense over asset's useful life.This is so Ncause the balance in accumulated depreciation at the beginning of the asset's Isful life is zero.Unlike the other depreciation methods, the declining-balance method does not use depreciable cost.The depreciation rate dvlines cach year.


Original text

double declining-balance is one of two declining balance methods. The double Alining-balance method produces a decreasing annual depreciation expense over asset's useful life. The method is so named because the periodic depreciation is sed on a dechinıng book value of the asset. With this method, companies compute NOL BLE DECLINING BALANCE-METHOD: al depreciation expense by multiplying the book value at the beginning of the by the straight-line depreciation rate multiplied by two. The depreciation rate dvlines cach year. mains constant from year to year, but the book value to which the rate is applied A the beginning of the first year, book value is the cost of the asset. This is so Ncause the balance in accumulated depreciation at the beginning of the asset's Isful life is zero. In subsequent years, book value is the difference between cost nd accumulated depreciation to date. Unlike the other depreciation methods, the declining-balance method does not use depreciable cost. That is, it ignores salvage value in determining the amount to which the declining-balance rate is applied. Salvage value, however, does limit the total depreciation that can be taken. Depreciation stops when the asset's book value equals expected salvage value. A common declining-balance method rate is double the straight-line method rate, The method is often called the double-declining method. Another declining-balance method is the sum-of-years (not to be discussed) digits


Summarize English and Arabic text online

Summarize text automatically

Summarize English and Arabic text using the statistical algorithm and sorting sentences based on its importance

Download Summary

You can download the summary result with one of any available formats such as PDF,DOCX and TXT

Permanent URL

ٌYou can share the summary link easily, we keep the summary on the website for future reference,except for private summaries.

Other Features

We are working on adding new features to make summarization more easy and accurate


Latest summaries

بدايات سورة الح...

بدايات سورة الحج تتحدث عن من يصد عن سبيل الله تتحدث عن من جعل أهم هدف وغاية له الصد عن سبيل الله سبح...

أفادت مصادر طبي...

أفادت مصادر طبية بمقتل 78 فلسطينيا في قصف إسرائيلي على غزة منذ فجر اليوم بينهم 38 من منتظري المساعدا...

الفصل الأول: ال...

الفصل الأول: الإطار المفاهيمي للمدن الذكية شهدت المدن تطورا تاريخيا كبيرا بدأ منذ نشأتها كمدن كلاسيك...

1. قانون منع سو...

1. قانون منع سوء معاملة الأطفال ومعالجته (CAPTA) – 1974: يوفر إطارًا لفحص وإبلاغ ومتابعة حالات إساءة...

ان تعاطي المخدر...

ان تعاطي المخدرات من التحديات الاجتماعية و الصحية الواسعة التي ينظر إلي من زاوية أخلاقية أو قانونية...

دشن وكيل محافظة...

دشن وكيل محافظة حضرموت لشئون مديريات الوادي والصحراء الاستاذ عامر سعيد العامري اليوم الحميس الموافق ...

دراسة ظاهرة الم...

دراسة ظاهرة المقاومة المكتسبة فى الفطريات نتيجة استخدام المبيدات الفطرية دراسة تأثير نظم الرى المختل...

(٥) المعرفة الك...

(٥) المعرفة الكمالية ثبت مما تقدم أن المعارف العلمية والاختبارية والخاصة لازمة للإنسان كل اللزوم؛ لأ...

Morocco has rec...

Morocco has recently been making huge preparations to host the African Cup of Nations in 2025 and th...

The Romantic mo...

The Romantic movement, which emerged in the late 18th and early 19th centuries, transformed literatu...

تتركز رؤية القس...

تتركز رؤية القسم على تطوير تقنيات متقدمة للتشخيص المبكر والدقيق للأمراض البكتيرية النباتية، بالاستفا...

نفذ صباح امس ال...

نفذ صباح امس الأربعاء موظفي وموظفات مؤسسة موانئ خليج عدن وقفتهم الاحتجاجية الرابعة امام محكمة استئنا...