Depreciation
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Table 8-2 Depreciation Menu Items
Item Description
Factor=
The declining balance factor as a percentage. This
is used for declining balance and declining balance
crossover methods only.
A metalworking machine, purchased for $10,000.00, is to be depreciated
over five years. Its salvage value is estimated at $500.00. Using the
straight-line method, find the depreciation and remaining depreciable value
for each of the first two years of the machine's life. See Table 8-3.
Table 8-3 Straight Line Depreciation Example
Key Display Description
:\
Opens the Depreciation menu
starting with the straight line
method.
<
Displays the current value of the
useful life.
1
is the default value.
5I
Inputs
5
as the current value for
the useful life.
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