Hi, I'm Jackie Jackson, and I'm gonna talk to you about the advantages and disadvantages of the reducing balance method. Now, the reducing balance method of depreciation is a method in which the asset ...

An accounting method which reflects the decreasing net book value of a fixed asset over time. This applies a set percentage reduction of the remaining value of the asset each year or accounting period ...

Depreciation is a calculation used to work out the value of assets over time and use. It's drawn from two essential pieces of information—how much an asset originally cost, and its "useful life." ...