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Double Declining Balance Depreciation Excel Example.xls

Double Declining Balance Depreciation Excel Example.xls -...

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Asset Cost $100,000 Useful Life 5 years Salvage Value $10,000 DDB Depreciable Base Rate Years Left DDB Depreciation Year 1 $100,000 40% 5.0 $40,000 Year 2 $60,000 40% 4.0 $24,000 Year 3 $36,000 40% 3.0 $14,400 Year 4 $21,600 40% 2.0 $8,640 Year 5 $12,960 40% 1.0 $2,960 TOTAL $90,000
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Remaining Book Value $60,000 $36,000 $21,600 $12,960 $10,000
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Asset Cost $100,000 Useful Life 5 years Salvage Value $5,000 DDB Depreciable Base Rate
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