单词 | declining balance method |
释义 | declining balance method From Longman Business Dictionarydeclining balance methoddeˌclining ˈbalance ˌmethod (also reducing balance method) [singular]ACCOUNTING a method of calculating the DEPRECIATION of an asset, in which the value of the asset is reduced by the same percentage each year and the amount is charged to the PROFIT AND LOSS ACCOUNT → method |
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