How do you record depreciation expense under the double declining method?

To record depreciation expense using the double declining balance method, first calculate the straight-line depreciation rate by dividing 100% by the asset's useful life. Then, double that rate and apply it to the asset's book value at the beginning of the period. Subtract the calculated depreciation from the book value to update it for the next period. This process continues until the asset's book value reaches its salvage value or the end of its useful life.