Declining_balance_Ch9_Notes

Declining_balance_Ch9_Notes - 11,865 6 11,865 NA 1,865...

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Yr. Book x Dep. Rate = Dep. Exp Acc. Dep Book Value Cost less Acc. Dep. Book 1 50,000 0.25 12,500 12,500 50,000 12,500 37,500 2 37,500 0.25 9,375 21,875 50,000 21,875 28,125 3 28,125 0.25 7,031 28,906 50,000 28,906 21,094 4 21,094 0.25 5,273 34,180 50,000 34,180 15,820 5 15,820 0.25 3,955 38,135 50,000 38,135
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Unformatted text preview: 11,865 6 11,865 NA 1,865 40,000 50,000 40,000 10,000 The last year the depreciation expense is only the amount that brings accumulated depreciation to depreciable amount Straight line rate 1 divided by the years of life 1 8 0.13 Multiply by factor 2 Depreciation rate 0.25...
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