Escolar Documentos
Profissional Documentos
Cultura Documentos
Date
Jan-89
Dec-89
Dec-90
Dec-91
Dec-92
OLD
Useful Life
25 years
Annual Rate
100%/25
Doubled Rate
4%*2=8%
Depreciation Rate per period
Cost
###
###
###
###
###
Jan-93
Dec-93
Dec-94
Dec-95
Dec-96
Dec-97
Dec-98
Dec-99
###
###
###
###
###
###
###
###
8.00%
Book Value
Remaining Useful Life
50,000.00
25.00
46,000.00
24.00
42,320.00
23.00
38,934.40
22.00
35,819.65
21.00
35,819.65 (New depreciable amount )
35,819.65
26.00
33,064.29
25.00
30,520.88
24.00
28,173.12
23.00
26,005.96
22.00
24,005.50
21.00
22,158.92
20.00
20,454.39
19.00
January 1, 1989
Equipment
50,000.00
Cash
To record the purchase of equipment
50,000.00
Depreciation Entry
Depreciation Expense
((see schedule) )
Accumulated Depreciation
To record depreciation for the period
((see schedule) )
29,545.61
20,000.00
454.39
Depreciation Expense
Accumulated
4,000.00
3,680.00
3,385.60
3,114.75
ble amount )
2,755.36
2,543.41
2,347.76
2,167.16
2,000.46
1,846.58
1,704.53
50,000.00
Depreciation
4,000.00
7,680.00
11,065.60
14,180.35
14,180.35
16,935.71
19,479.12
21,826.88
23,994.04
25,994.50
27,841.08
29,545.61
Delta Airlines
Date
Jan-89
Dec-89
Dec-90
Dec-91
Dec-92
OLD
Useful Life
15 year
Annual Rate
100%/15
Doubled Rate
6.67%*2= 13.33%
Depreciation Rate per period
13.33%
Cost
###
###
###
###
###
Jan-93
Dec-93
Dec-94
Dec-95
Dec-96
Dec-97
Dec-98
Dec-99
###
###
###
###
###
###
###
###
Book Value
Remaining Useful Life
50,000.00
15.00
43,333.33
14.00
37,555.56
13.00
32,548.15
12.00
28,208.40
11.00
28,208.40 (New depreciable amount )
28,208.40
16.00
24,682.35
15.00
21,597.05
14.00
18,897.42
13.00
16,535.24
12.00
14,468.34
11.00
12,659.80
10.00
11,077.32
9.00
January 1, 1989
Equipment
50,000.00
Cash
To record the purchase of equipment
50,000.00
Depreciation Entry
Depreciation Expense
((see schedule) )
Accumulated Depreciation
To record depreciation for the period
Entry at time of sale
Accumulated Depreciation
38,922.68
Cash
20,000.00
Equipment
Gain on sale of fixed assets
To record sale of fixed assets for 20million dollars
((see schedule) )
Depreciation Expense
Accumulated
6,666.67
5,777.78
5,007.41
4,339.75
ble amount )
3,526.05
3,085.29
2,699.63
2,362.18
2,066.91
1,808.54
1,582.47
50,000.00
8,922.68
Depreciation
6,666.67
12,444.44
17,451.85
21,791.60
21,791.60
25,317.65
28,402.95
31,102.58
33,464.76
35,531.66
37,340.20
38,922.68
Panam Airlines
Date
Jan-89
Dec-89
Dec-90
Dec-91
Dec-92
Dec-93
Dec-94
Dec-95
Dec-96
Dec-97
Dec-98
Dec-99
January 1, 1989
Equipment
Cash
To record the purchase of equipment
50,000.00
50,000.00
Depreciation Entry
Depreciation Expense
((see schedule) )
Accumulated Depreciation
To record depreciation for the period
((see schedule) )
16,411.54
20,000.00
13,588.46
50,000.00
dollars
Depreciation
Book Value
- 50,000.00
1,700.00 48,300.00
3,400.00 46,600.00
5,100.00 44,900.00
6,800.00 43,200.00
8,173.08
9,546.15
10,919.23
12,292.31
13,665.38
15,038.46
16,411.54
41,826.92
40,453.85
39,080.77
37,707.69
36,334.62
34,961.54
33,588.46
Delta Airlines
Date
Jan-89
Dec-89
Dec-90
Dec-91
Dec-92
Jan-93
Dec-93
Dec-94
Dec-95
Dec-96
Dec-97
Dec-98
Dec-99
January 1, 1989
Equipment
Cash
To record the purchase of equipment
50,000.00
50,000.00
Depreciation Entry
Depreciation Expense
((see schedule) )
Accumulated Depreciation
To record depreciation for the period
((see schedule) )
50,000.00
Depreciation
Book Value
- 50,000.00
3,000.00 47,000.00
6,000.00 44,000.00
9,000.00 41,000.00
12,000.00 38,000.00
14,062.50
16,125.00
18,187.50
20,250.00
22,312.50
24,375.00
26,437.50
35,937.50
33,875.00
31,812.50
29,750.00
27,687.50
25,625.00
23,562.50
Date
Jan-89
Dec-89
Dec-90
Dec-91
Dec-92
Dec-93
Dec-94
Dec-95
Dec-96
Dec-97
Dec-98
Dec-99
Pan Am
1,700.00
1,700.00
1,700.00
1,700.00
1,661.54
1,661.54
1,661.54
1,661.54
1,661.54
1,661.54
1,661.54
Delta Difference
###
###
###
###
###
###
###
###
###
###
###
###
###
###
###
(713.46)
(713.46)
(713.46)
(713.46)
(713.46)
(713.46)
(713.46)