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    Spreadsheet

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    Nicole Mae Timosa
    The document provides examples of different depreciation methods including straight line, unit of production, double declining balance, and sum of years digits methods. For each method, it gives the purchase cost, salvage value, useful life, and the depreciation schedule showing annual depreciation expense, accumulated depreciation, and remaining book value over the life of the asset.

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    Spreadsheet

    Uploaded by

    Nicole Mae Timosa
    14 views5 pages
    The document provides examples of different depreciation methods including straight line, unit of production, double declining balance, and sum of years digits methods. For each method, it gives the purchase cost, salvage value, useful life, and the depreciation schedule showing annual depreciation expense, accumulated depreciation, and remaining book value over the life of the asset.

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    The document provides examples of different depreciation methods including straight line, unit of production, double declining balance, and sum of years digits methods. For each method, it gives the purchase cost, salvage value, useful life, and the depreciation schedule showing annual depreciation expense, accumulated depreciation, and remaining book value over the life of the asset.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    14 views5 pages

    Spreadsheet

    Uploaded by

    Nicole Mae Timosa
    The document provides examples of different depreciation methods including straight line, unit of production, double declining balance, and sum of years digits methods. For each method, it gives the purchase cost, salvage value, useful life, and the depreciation schedule showing annual depreciation expense, accumulated depreciation, and remaining book value over the life of the asset.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    of 5

    depreciation computation using straight line method

    given: Brand-new Vans

    purchase cost 1,200,000


    salvage value 390,000
    useful life in years 3

    annual depreciation 270000

    depreciation schedule
    years 1 2 3 total
    annual dep. 270000 270000 270000 810000
    acc. Dep. 270000 540000 810000
    remaining value 930,000 660,000 390,000

    Depreciation computation using straight line method

    given: commercial washing machine

    purchase cost 52,000


    salvage value 2000
    useful life in years 5

    annual dep. 10000


    ;

    dep. schedule 1
    years 2016
    annual dep. 10000
    acc. Dep. 10000
    remaining value 42,000
    unit of production method

    given: commercial washing machine

    purchase cost 52000


    salvage value 2000
    unit of usage 8,000 hours

    unit dep. 6.25

    dep. Schedule

    years 1 2
    annual dep. 12500 11250
    acc. Dep. 12500 23750
    remaining value 39500 28250

    double declining schedule

    given: commercial washing machine

    purchase cost 52000


    salvage value 2000
    useful life in years 5

    book value dep. dep. acc. book value


    period start % expense dep. end
    1 52,000 40% 20,800 20800 31200
    2 31,200.00 40.00% 12480 33280 18720
    3 18,720.00 40% 7488 407768 11232
    4 11,232.00 82.19% 9232 50000 2000
    sum of the years method

    given: commercial washing machine

    purchase cost 52000


    salvage value 2000
    useful life in years 5

    year 1: 5/15 33%


    year 2: 4/15 27%
    year 3: 3/15 20%
    year 4: 2/15 13%
    year 5: 1/15 7%

    dep. Schedule

    period beg. dep. ending bal.


    1 52000 16,666.67 35,333.33
    2 35,333.33 13,333.33 22000
    3 22000 10,000 12000
    4 12000 6,666.67 5333.33
    5 5333.33 3,333.33 2,000
    total: 15 50,000
    Fabiano johannes - assignment

    2 3 4 5 total
    2017 2018 2019 2020
    10000 10000 10000 10000 50,000
    20000 30000 40000 50000
    32,000 22,000 12,000 2,000
    3 4 5 Total
    10000 8750 7500 50000
    33750 42500 50000
    18250 9500 2000

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