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:
In accountancy, depreciation refers to two aspects of the same concept: 1  The decrease in value of assets (fair value depreciation)  The allocation of the cost of assets to periods in which the assets are used (depreciation with the matching principle)