Mastery card
I can explain Written-Down Value Method
Charging more depreciation early, less later, on the declining book value.
The written-down value (reducing balance) method applies a fixed percentage to the asset's carrying amount each year, so expense is higher in early years.
Sticky trick
Book WDV and tax WDV can differ - track both if needed.
Take into the room
In plain English, what is Written-Down Value Method?
Or open the share card 📉
Or start your own 5-word trail from home.