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Depreciation Methods for Computers

The document contains examples of three depreciation methods - straight line, double declining balance, and sum-of-the-years digits methods. For each method it provides the equipment, cost, life, salvage value and a table showing the depreciation expense and balance for each period of the asset's life.

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Shiro Chan
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5 views3 pages

Depreciation Methods for Computers

The document contains examples of three depreciation methods - straight line, double declining balance, and sum-of-the-years digits methods. For each method it provides the equipment, cost, life, salvage value and a table showing the depreciation expense and balance for each period of the asset's life.

Uploaded by

Shiro Chan
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd

Method- Straight Line Method

Equipment Computer
Cost ₱25,000.00

Life 10

Salvage ₱5,000.00

Period Depreciation Expense Balance


1 ₱2,000.00 ₱23,000.00
2 ₱2,000.00 ₱21,000.00
3 ₱2,000.00 ₱19,000.00
4 ₱2,000.00 ₱17,000.00
5 ₱2,000.00 ₱15,000.00
6 ₱2,000.00 ₱13,000.00
2 ₱2,000.00 ₱11,000.00
8 ₱2,000.00 ₱9,000.00
9 ₱2,000.00 ₱7,000.00
10 ₱2,000.00 ₱5,000.00
Method Double-Declining Method
Equipment Computer
Cost ₱25,000.00
Life 22
Salvage Value ₱5,000.00

Period Depreciation Expense Balance


1 ₱1,666.67 ₱23,333.33
2 ₱1,555.56 ₱21,777.78
3 ₱1,451.85 ₱20,325.93
4 ₱1,355.06 ₱18,970.86
5 ₱1,264.72 ₱17,706.14
6 ₱1,180.41 ₱16,525.73
7 ₱1,101.72 ₱15,424.02
8 ₱1,028.27 ₱14,395.75
9 ₱959.72 ₱13,436.03
10 ₱895.74 ₱12,540.30
11 ₱836.02 ₱11,704.28
12 ₱780.29 ₱10,923.99
13 ₱728.27 ₱10,195.72
14 ₱679.71 ₱9,516.01
15 ₱634.40 ₱8,881.61
16 ₱592.11 ₱8,289.50
17 ₱552.63 ₱7,736.87
18 ₱515.79 ₱7,221.08
19 ₱481.41 ₱6,739.67
20 ₱449.31 ₱6,290.36
21 ₱419.36 ₱5,871.00
22 ₱391.40 ₱5,479.60
23 ₱365.31 ₱5,114.30
24 ₱114.30 ₱5,000.00
25 ₱0.00 ₱5,000.00
26 ₱0.00 ₱5,000.00
27 ₱0.00 ₱5,000.00
28 ₱0.00 ₱5,000.00
29 ₱0.00 ₱5,000.00
30 ₱0.00 ₱5,000.00
Method Sum-of-the-Years-Digit
Equipment Computer
Cost ₱25,000.00
Life 7
Salvage Value ₱600.00

Period Depreciation Expense Balance


1 ₱6,100.00 ₱18,900.00
2 ₱5,228.57 ₱13,671.43
3 ₱4,357.14 ₱9,314.29
4 ₱3,485.71 ₱5,828.57
5 ₱2,614.29 ₱3,214.29
6 ₱1,742.86 ₱1,471.43
7 ₱871.43 ₱600.00

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