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:
When this method is used, a fixed asset is depreciated by the same amount each year. When using the straight-line method, you must specify one of the following options in the FA depreciation book: 1  The depreciation period (years or months) or a depreciation ending date. 2  A fixed yearly percentage. 3  A fixed yearly amount.