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Depreciation (Double-Declining Balance)

DB

  • May 31, 2023
Definition: DB is a function that returns the depreciation of an asset for a specified period using the fixed-declining balance method. Syntax: =DB(cost, salvage, life, period, [month]) Situation:...
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DDB

  • May 31, 2023
Definition: DDB is a function that returns the depreciation of an asset for a specified period using the double-declining balance method. Syntax: =DDB(cost, salvage, life, period, [factor]) Situation:...
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