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-   -   Double declining method (https://www.askmehelpdesk.com/showthread.php?t=282907)

  • Nov 19, 2008, 02:10 PM
    Staci0115
    1 Attachment(s)
    Double declining method
    Please see attached!
  • Dec 5, 2008, 05:26 AM
    pready

    Year 4 Depreciation Expense is $1,776 because you can only take the Depreciation Expense down to your Salvage Value. IN other words you cannot go lower than your salvage value.

    Year 5 Depreciation is $0 for the reason above. You are at the salvage vale at the end of year 4.

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