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Sum-of-the-Years'-Digits Method

A method of calculating depreciation of an asset that assumes higher depreciation charges and greater tax benefits in the early years of an asset's life.

Related information about Sum-of-the-Years'-Digits Method:
  1. Sum of the Years' Digits Method of Depreciation, Explanation ...
    Sum of the Years' Digits Method an accelerated method of depreciation which is also based on the assumption that the loss in the value of the fixed asset will be ...
     
  2. Sum of the Years Digits and Other Accelerated Depreciation Methods
    The same computer example we used earlier shows that with the sum of the years digits method, depreciation expense is higher in the early years, causing a ...
     
  3. Sum of Years Digits Depreciation Calculator
    Reference. principlesofaccounting.com, chapter 10 - THE SUM-OF-THE-YEARS'- DIGITS METHOD · Online Calculator Categories || Calculator List || Converter ...
     
  4. Sum-Of-The-Years'-Digits (SYD) Method: Definition from Answers.com
    What is sum of the years digits method? What is sum of the years digits method of depreciation? Is sum of the years digits an accelerated depreciation method?
     
  5. How do I calculate depreciation using the sum of the years' digits ...
    To illustrate the sum of the years' digits method of depreciation, let's assume that a plant asset is purchased at a cost of $160,000. The asset is expected to have ...
     
  6. Sum-of-the-Years'-Digits Method | Accounting: Depreciation ...
    This Formula Solver walks you through the steps to calculate depreciation with the sum-of-the-years-digits method (SYD). Use your own numbers for the ...
     
  7. Sum-Of-The-Years'-Digits Method - Financial Times Lexicon
    sum-of-the-years'-digits method. A method of accelerated depreciation (higher charges are taken at the beginning of a fixed asset's useful life). Give each year of ...
     
  8. Depreciation Methods, Accounting
    Sum-of-the-years'-digits method. Depreciation based on use (activity). Straight Line Depreciation Method. Depreciation = (Cost - Residual value) / Useful life ...