Practicing Success
The Excel functions SLN and DB are used for which of the following purposes? |
Calculating Depreciation Payroll Function Loan Payment Schedule Fixed Asset Accounting |
Calculating Depreciation |
The Excel functions SLN and DB are used for computation of depreciation using Straight Line Method (SLM) and Written Down Value Method (WDVM), respectively. WDV Method is also termed as declining balance (DB) method. |