Sum of the Years Digits Method

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Sum-of-the-Digits Method
Sum-of-the-Digits Method Depreciation Accounting Period Fixed Assets Residual Value Depreciation Methods Sum of the Years Digits Method Asset Valuation
The sum-of-the-digits method is a technique for calculating the depreciation of a fixed asset, where the majority of the depreciation is recognized in the early years of the asset's life.
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