lbirdie
May 5, 2008, 04:38 PM
how to calculate straight line and double declining balance depreciation if equipment is puchased in early January 2007 for 154000 with a useful life of 4 years. Equipment has a salvage value of 25000
MommyLeah
May 5, 2008, 10:21 PM
Google knows all, even how to tell you how to do your homework! Search for double declining balance deprication double declining balance depreciation - Google Search (http://www.google.com/search?q=double+declining+balance+depreciation&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a) and you'll find the first result will tell you how. I'd have to guess that searching for straight line depreciation will also be very helpful. Good luck!