The method of depreciation that results in a decreasing annual charge over the useful life of an asset is the:

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The diminishing balance method, also known as the reducing balance method or accelerated depreciation method, results in a decreasing annual charge over the useful life of an asset. This method applies a fixed percentage to the remaining book value of the asset to calculate the depreciation expense, resulting in higher charges in the earlier years and lower charges in the later years of the asset's life. This method is commonly used for assets that experience the most wear and tear in the early years of use, such as cars or manufacturing equipment.

The Method of Depreciation That Results in a Decreasing Annual