Calculating Depreciation Expense for the First Two Years Partial Depreciation for Year 1 Full Year...
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Accounting
Calculating Depreciation Expense for the First Two Years
Partial Depreciation for Year 1
Full Year Deprecation for Year 2
Straight-Line Depreciation
Year 2 Full Year Depreciation/12 Months
Depreciable Cost //// Useful Life in Years = Annual Depreciation
$ = $
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Units of Production Method
First: Determine the amount of Depreciable Cost
Cost Less Salvage Value = Depreciable Cost
$ $ = $
Second: Determine the Unit Depreciation Rate
Depreciable Cost //// Useful Life in Units = Unit Depreciation Rate
$ = $
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