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Depreciation

Method Asset Class


150% DDB
200% DDB
SL
SYD
Fixed Asset Record With Depreciation
Date:
Asset Asset Acquisition Acquisition Depreciation Useful Life Previous Depreciation
Asset Name Class Description Physical Location No. Serial No. Date Cost Method (Years) Salvage Value Depreciation First Year % This Period
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
Total 0 0 0 0
Abbreviation Depreciation Method

SL Straight-line depreciation

150% declining balance


150% DDB depreciation

200% declining balance


200% DDB depreciation
Description
Calculates straight-line depreciation based on the asset's cost, salvage
value, and estimated economic life.
Calculates 150% declining balance depreciation based on the asset's cost,
salvage value, and estimated economic life. It switches to straight-line
depreciation at the point when straight-line depreciation exceeds declining
balance depreciation.
Calculates 200% declining balance depreciation based on the asset's cost,
salvage value, and estimated economic life. It switches to straight-line
depreciation at the point when straight-line depreciation exceeds declining
balance depreciation.