Depreciation Methods Flashcards

(3 cards)

1
Q

Straight-line

A
  • Equal amount per period

* (cost - residual value) x 1/life x months/12

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2
Q

Units-of-production

A
  • Different amount based upon usage

* (cost - residual value) ÷ life in units

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3
Q

Double-Declining

A
  • Accelerated method

* (cost - accumulated depreciation) x 2/life x months/12

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