150% DDB 200% DDB SL SYD Fixed Asset Record With Depreciation Date: Asset Asset Acquisition Acquisition Depreciation Useful Life Previous Depreciation Asset Name Class Description Physical Location No. Serial No. Date Cost Method (Years) Salvage Value Depreciation First Year % This Period 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Total 0 0 0 0 Abbreviation Depreciation Method
SL Straight-line depreciation
150% declining balance
150% DDB depreciation
200% declining balance
200% DDB depreciation Description Calculates straight-line depreciation based on the asset's cost, salvage value, and estimated economic life. Calculates 150% declining balance depreciation based on the asset's cost, salvage value, and estimated economic life. It switches to straight-line depreciation at the point when straight-line depreciation exceeds declining balance depreciation. Calculates 200% declining balance depreciation based on the asset's cost, salvage value, and estimated economic life. It switches to straight-line depreciation at the point when straight-line depreciation exceeds declining balance depreciation.