Question: please check my work on the straight line and accelerated depreciation. Please help me to solve the double declining balance depreciation and the calculating some
B D E F G H A Asset Cost: $400,000 Salvage Value: Asset Life: 10 Depreciable Base: $40,000 4- By using the information provided to you and the information that you generated ca methods - Use the Depreciation Calculating Straight-line and Accelerated Depreciation Year 1 2 Annual Depreciation 4,000.00 4,000.00 Accumulated Depreciation 4,000.00 8,000.00 3 4,000.00 12,000.00 4 5 4,000.00 4,000.00 16,000.00 20000 6 4,000.00 24,000.00 4,000.00 28,000.00 32 3 4 5 6 Calculating The Double Declining Balance Depreciation Year 5 Annual Depreciation Accumulated Depreciation 8 9 3 4 5 6 7 0 Calculating The Sum of the Years Digits Depreciation 1 Year 2 2 Annual Depreciation 23 Accumulated Depreciation 24 Instructions Journal Entries Not-for-profit Ledger Balance Sheet Template Income Statement CashF Ready
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