This document shows the depreciation calculation for an asset over 8 years with an initial value of $1,000,000 and a depreciation rate of 10% per year. It lists the opening balance, depreciation amount, and closing balance for each year. By year 8 the closing balance has depreciated to $430,467.
This document shows the depreciation calculation for an asset over 8 years with an initial value of $1,000,000 and a depreciation rate of 10% per year. It lists the opening balance, depreciation amount, and closing balance for each year. By year 8 the closing balance has depreciated to $430,467.
This document shows the depreciation calculation for an asset over 8 years with an initial value of $1,000,000 and a depreciation rate of 10% per year. It lists the opening balance, depreciation amount, and closing balance for each year. By year 8 the closing balance has depreciated to $430,467.