Included are entries from a journal kept by a reporter for the Oquawka Spectator newspaper who traveled with one of the wagon trains, which apparently both departed from Oquawka on the 25th of March, 1850.
The double declining balance depreciation method is an accelerated depreciation method that counts twice as much of the assetâs book value each year as an expense compared to straight-line depreciation. The formula is:
depreciation-decrease in value of an asset due to obsolescence or use. wear and tear. non-cash expense-an expense (such as depreciation) that is not paid for in cash. financial loss-loss of money or decrease in financial value. straight-line method, straight-line method of depreciation - (accounting) a method of calculating depreciation by taking an equal amount of the asset's cost as an expense for each year of the asset's useful life. write-down, write-off - (accounting) reduction in the book value of an asset.