CH.10 DEPRECIATION Financial Accounting
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8 Terms
1
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Straight-Line Method:
Cost - Residual Value / Useful Life (n)
= Depreciation Expense
2
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Double-Declining-Balance Method
200% / useful Life (n)
= %
Rate % x Beginning Bookvalue
= Depreciation Expence
3
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Units of Activity Method:
Cost - Residual Value / Total Estimated Activity
= Depreciation rate
Depreciation Rate x Actual # of Activity for the Year
= Depreciation Expence.
4
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Depreciation rate
Cost - Residual Value / Total Estimated Activity
5
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Depreciation Expence UOA
Depreciation Rate x Actual # of Activity for the Year
6
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Depreciation Expence DDB
Rate % x Beginning Bookvalue
7
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Book value
Cost - Accumulated Depreciation
8
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Accumulated Depreciation
Add all of Annual Depreciation
Note 
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