| Depreciation |
Table | |
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Item | Description |
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Salvage | The salvage value of the asset at the end of its useful life. |
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Factor | The declining balance factor as a percentage. This is used for |
| declining balance and declining balance crossover methods only. |
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Year | Year for which you want to calculate the depreciation. |
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Depreciation | Depreciation in the given year. |
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R.Book Value | Remaining book value at the end of the given year. |
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R.Depreciable Value | Remaining depreciable value at the end of the given year. |
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Depreciation Example
A metalworking machine, purchased for 10,000.00, is to be depreciated over five years. Its salvage value is estimated at
500.00.Using the
Table
Key | Display | Description |
:\ |
| Opens the Depreciation menu starting with the straight |
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| line method. |
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<5I |
| Inputs 5 for the useful life. |
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< |
| Displays the current value of Start. 1 (January) is the |
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| default value. For this example, this value remains |
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| unchanged, since the depreciation of the machine starts |
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| January 1st (1.00 ). |
<1000
0I
Inputs 10,000.00 for the cost of the item.
I
Inputs 500.00 for the salvage value of the item.
< |
| Year for which to calculate the depreciation. Year 1 is |
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| the default value. To calculate for a year other than 1, |
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| type a number and press I. |
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< |
| Depreciation of the asset in year one. |
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