Depreciation Using the StraightLine Method
– SLN
The depreciation charge or expense of an asset for any one specific period of time using
the straightline depreciation method can be calculated using Excel’s SLN function.
See the table below for a detailed list of the exercises and problems in the text that
can be solved using this function.
Syntax
=SLN(cost,salvage,life)
Cost – initial cost of asset
Salvage – value of the asset at the end of depreciation
Life – number of periods over which the asset is being depreciated
General Example
The following general example shows how the SLN function can be used. Notice that the
SLN function appears in the formula bar.
1
This preview has intentionally blurred sections. Sign up to view the full version.
View Full Document
Using the SLN Function in a Spreadsheet
To calculate the depreciation charge for one period using the straightline method, create
a worksheet by following Steps 1 to 7. Or, to use the SLN function right away, open the
SLN worksheet in the Excel Templates workbook. All fields have been formatted for you
(currency, percentage, number of decimals displayed).
This is the end of the preview.
Sign up
to
access the rest of the document.
 Fall '05
 TonyCirusolo
 Math, Depreciation, SLN, SLN function

Click to edit the document details