You can use the asset depreciation starter workbooks shown in Figures 15-1 through 15-5 to construct depreciation schedules using a variety of asset depreciation conventions. Given three parameters—original cost, salvage value, and estimated life—these starter workbooks calculate the period … [Read more...] about Using the Asset Depreciation Starter Workbooks
depreciation
Easy Refresher: Asset Depreciation
Asset depreciation answers the question, “How much does the asset cost per period?” To answer that question, you need to: know the cost of the asset, estimate the number of periods in the asset’s useful life, project any salvage value the asset will have at the end of its useful life, and choose a … [Read more...] about Easy Refresher: Asset Depreciation