I had to come up with this formula on my own because it wasn't in the Accounting book because they don't say how to * calculate * Annual Depreciation Expense using the Double Declining Balance Rate depreciation method and it makes me feel very accomplished:
Initial_Cost - Initial_Cost( ( (1/Useful_Life)*2)^Y2D ) - Initial_Cost(1/Useful_Life)
@blight 😂 I'm good! I've switched my main over to @realcaseyrollins@counter.fedi.live, this is my personal account now
#TimPool #Fediverse instance when
@orekix I LOVE THIS
@verita84 @realcaseyrollins@counter.fedi.live Ah that's wack
And my other account can't see this thread, Imma change the scope and see if that helps
If you wanna follow me I'll probably say no, follow my new main @realcaseyrollins@counter.fedi.live
@HiroProtagonist Funny that they all happen to be Democrats isn't it?
I've moved over to @realcaseyrollins for my private account
This is literally just here to archive my old posts now