Answer to Question #98506 in Accounting for Myriel Martins

Question #98506
What is the formula to calculate WDV of an asset ?
1
Expert's answer
2019-11-12T17:12:48-0500

the formula to calculate WDV of an asset:

Written-down value = value of an asset - depreciation (amortization)

Depreciation is a non-cash expense that is used to write down the value of an asset over its useful life.

Main types of depreciation methods:

  1. Straight-line
  2. Double declining balance
  3. Units of production
  4. Sum of years digits



https://www.investopedia.com/terms/w/writtendownvalue.asp

https://corporatefinanceinstitute.com/resources/knowledge/accounting/types-depreciation-methods/

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