EXAMPLE 1: Full life depreciation
Straight-Line Depreciation
Service Date: March 19, 2000
Cost: 1,000.00
Life: 5 years
Salvage: 0.00
Prior Accumulated Depreciation: 0.00
Summary
| |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
Total |
| Period of Purchase |
200.00 |
200.00 |
200.00 |
200.00 |
200.00 |
|
1,000.00 |
| Period of Disposal |
|
200.00 |
200.00 |
200.00 |
200.00 |
200.00 |
1,000.00 |
| Half Period |
100.00 |
200.00 |
200.00 |
200.00 |
200.00 |
100.00 |
1,000.00 |
| Proportional by Month ** |
| XPD,XDD |
150.00 |
200.00 |
200.00 |
200.00 |
200.00 |
50.00 |
1,000.00 |
| PD,XDD |
166.67 |
200.00 |
200.00 |
200.00 |
200.00 |
33.33 |
1,000.00 |
| PD,DD |
166.67 |
200.00 |
200.00 |
200.00 |
200.00 |
33.33 |
1,000.00 |
| XPD,DD |
150.00 |
200.00 |
200.00 |
200.00 |
200.00 |
50.00 |
1,000.00 |
**XPD = Exclude Initial Month of Service; XDD = Exclude Month of Disposal
PD = Include Initial Month of Service; DD = Include Month of Disposal
Detail
| Period of Purchase |
| 2000 |
1,000.00 ÷ 5 = 200.00 |
| 2001 |
1,000.00 ÷ 5 = 200.00 |
| 2002 |
1,000.00 ÷ 5 = 200.00 |
| 2003 |
1,000.00 ÷ 5 = 200.00 |
| 2004 |
1,000.00 ÷ 5 = 200.00 |
| Period of Disposal |
| 2000 |
no depreciation for period of purchase |
| 2001 |
1,000.00 ÷ 5 = 200.00 |
| 2002 |
1,000.00 ÷ 5 = 200.00 |
| 2003 |
1,000.00 ÷ 5 = 200.00 |
| 2004 |
1,000.00 ÷ 5 = 200.00 |
| 2005 |
1,000.00 ÷ 5 = 200.00 |
| Half Period |
| 2000 |
1,000.00 ÷ 5 ÷ 2 = 100.00 [one half of full period] |
| 2001 |
1,000.00 ÷ 5 = 200.00 |
| 2002 |
1,000.00 ÷ 5 = 200.00 |
| 2003 |
1,000.00 ÷ 5 = 200.00 |
| 2004 |
1,000.00 ÷ 5 = 200.00 |
| 2005 |
1,000.00 ÷ 5 ÷ 2 = 100.00 [one half of full period] |
| Proportional by Month XPD, XDD** |
| 2000 |
1,000.00 ÷ 5 × (9 / 12) = 150.00 [Apr thru Dec] |
| 2001 |
1,000.00 ÷ 5 = 200.00 |
| 2002 |
1,000.00 ÷ 5 = 200.00 |
| 2003 |
1,000.00 ÷ 5 = 200.00 |
| 2004 |
1,000.00 ÷ 5 = 200.00 |
| 2005 |
1,000.00 ÷ 5 × (3 / 12) = 50.00 [Jan thru Mar] |
| Proportional by Month PD, XDD** |
| 2000 |
1,000.00 ÷ 5 × (10 / 12) = 166.67 [Mar thru Dec] |
| 2001 |
1,000.00 ÷ 5 = 200.00 |
| 2002 |
1,000.00 ÷ 5 = 200.00 |
| 2003 |
1,000.00 ÷ 5 = 200.00 |
| 2004 |
1,000.00 ÷ 5 = 200.00 |
| 2005 |
1,000.00 ÷ 5 × (2 / 12) = 33.33 [Jan thru Feb] |
| Proportional by Month PD, DD** |
| 2000 |
1,000.00 ÷ 5 × (10 / 12) = 166.67 [Mar thru Dec] |
| 2001 |
1,000.00 ÷ 5 = 200.00 |
| 2002 |
1,000.00 ÷ 5 = 200.00 |
| 2003 |
1,000.00 ÷ 5 = 200.00 |
| 2004 |
1,000.00 ÷ 5 = 200.00 |
| 2005 |
1,000.00 ÷ 5 × (2 / 12) = 33.33 [Jan thru Feb] |
| Proportional by Month XPD, DD** |
| 2000 |
1,000.00 ÷ 5 × (9 / 12) = 150.00 [Apr thru Dec] |
| 2001 |
1,000.00 ÷ 5 = 200.00 |
| 2002 |
1,000.00 ÷ 5 = 200.00 |
| 2003 |
1,000.00 ÷ 5 = 200.00 |
| 2004 |
1,000.00 ÷ 5 = 200.00 |
| 2005 |
1,000.00 ÷ 5 × (3 / 12) = 50.00 [Jan thru Mar] |
**XPD = Exclude Initial Month of Service; XDD = Exclude Month of Disposal
PD = Include Initial Month of Service; DD = Include Month of Disposal
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