What is the diminishing method in depreciation?
submitted by fahima

MAtobetobe

Carrying value (book) of the assets, for example. This is determined as follows: cost minus accumulated depreciation equals carrying (book) value.

kelly

The depreciation percentage multiplied by the balance of the asset.

Donla

I guess u mean the "reducing balance method" of depreciation. Well, after you apply the precentage on the asset cost, you'll subtract the answer from the asset cost before you apply the precentage in the next year.

JmTt

Here's a list of the main depreciation methods.