Asset Aide

EXAMPLE 2: Full life depreciation with prior accumulated depreciation

Straight-Line Depreciation

Service Date: March 19, 2000
Cost: 1,000.00
Life: 5 years
Salvage: 0.00
Prior Accumulated Depreciation: 450.00
Prior Accumulated Depreciation Ending Date: December 31, 2001

Summary

	2002	2003	2004	2005	Total
Period of Purchase	183.33	183.33	183.33		549.99
Period of Disposal	137.50	137.50	137.50	137.50	550.00
Half Period	157.14	157.14	157.14	78.58	550.00
Proportional by Month **
XPD,XDD	169.23	169.23	169.23	42.31	550.00
PD,XDD	173.68	173.68	173.68	28.95	549.99
PD,DD	173.68	173.68	173.68	28.95	549.99
XPD,DD	169.23	169.23	169.23	42.31	550.00

**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	Included in prior accumulated depreciation
2001	Included in prior accumulated depreciation
2002	(1,000.00 - 450.00) ÷ 3 = 183.33 [3 years life remaining]
2003	(1,000.00 - 450.00) ÷ 3 = 183.33 [3 years life remaining]
2004	(1,000.00 - 450.00) ÷ 3 = 183.33 [3 years life remaining]
Period of Disposal
2000	Included in prior accumulated depreciation
2001	Included in prior accumulated depreciation
2002	(1,000.00 - 450.00) ÷ 4 = 137.50 [4 years life remaining]
2003	(1,000.00 - 450.00) ÷ 4 = 137.50 [4 years life remaining]
2004	(1,000.00 - 450.00) ÷ 4 = 137.50 [4 years life remaining]
2005	(1,000.00 - 450.00) ÷ 4 = 137.50 [4 years life remaining]
Half Period
2000	Included in prior accumulated depreciation
2001	Included in prior accumulated depreciation
2002	(1,000.00 - 450.00) ÷ 3.5 = 157.14 [3 full periods and one half period of depreciation remaining]
2003	(1,000.00 - 450.00) ÷ 3.5 = 157.14 [3 full periods and one half period of depreciation remaining]
2004	(1,000.00 - 450.00) ÷ 3.5 = 157.14 [3 full periods and one half period of depreciation remaining]
2005	((1,000.00 - 450.00) ÷ 3.5) ÷ 2 = 78.58 [3 full periods and one half period of depreciation remaining][one half of full period]
Proportional by Month XPD, XDD**
2000	Included in prior accumulated depreciation
2001	Included in prior accumulated depreciation
2002	(1,000.00 - 450.00) ÷ (3 3/12) = 169.23 [3 full periods and 3 months (Jan thru Mar) of depreciation remaining]
2003	(1,000.00 - 450.00) ÷ (3 3/12) = 169.23 [3 full periods and 3 months (Jan thru Mar) of depreciation remaining]
2004	(1,000.00 - 450.00) ÷ (3 3/12) = 169.23 [3 full periods and 3 months (Jan thru Mar) of depreciation remaining]
2005	((1,000.00 - 450.00) ÷ (3 3/12)) × 3 /12 = 42.31 [3 full periods and 3 months (Jan thru Mar) of depreciation remaining] [Jan thru Mar]
Proportional by Month PD, XDD**
2000	Included in prior accumulated depreciation
2001	Included in prior accumulated depreciation
2002	(1,000.00 - 450.00) ÷ (3 2/12) = 173.68 [3 full periods and 2 months (Jan thru Feb) of depreciation remaining]
2003	(1,000.00 - 450.00) ÷ (3 2/12) = 173.68 [3 full periods and 2 months (Jan thru Feb) of depreciation remaining]
2004	(1,000.00 - 450.00) ÷ (3 2/12) = 173.68 [3 full periods and 2 months (Jan thru Feb) of depreciation remaining]
2005	((1,000.00 - 450.00) ÷ (3 2/12))× 2 / 12 = 28.95 [3 full periods and 2 months (Jan thru Feb) of depreciation remaining] [Jan thru Feb]
Proportional by Month PD, DD**
2000	Included in prior accumulated depreciation
2001	Included in prior accumulated depreciation
2002	(1,000.00 - 450.00) ÷ (3 2/12) = 173.68 [3 full periods and 2 months (Jan thru Feb) of depreciation remaining]
2003	(1,000.00 - 450.00) ÷ (3 2/12) = 173.68 [3 full periods and 2 months (Jan thru Feb) of depreciation remaining]
2004	(1,000.00 - 450.00) ÷ (3 2/12) = 173.68 [3 full periods and 2 months (Jan thru Feb) of depreciation remaining]
2005	((1,000.00 - 450.00) ÷ (3 2/12))× 2 / 12 = 28.95 [3 full periods and 2 months (Jan thru Feb) of depreciation remaining][Jan thru Feb]
Proportional by Month XPD, DD**
2000	Included in prior accumulated depreciation
2001	Included in prior accumulated depreciation
2002	(1,000.00 - 450.00) ÷ (3 3/12) = 169.23 [3 full periods and 3 months (Jan thru Mar) of depreciation remaining]
2003	(1,000.00 - 450.00) ÷ (3 3/12) = 169.23 [3 full periods and 3 months (Jan thru Mar) of depreciation remaining]
2004	(1,000.00 - 450.00) ÷ (3 3/12) = 169.23 [3 full periods and 3 months (Jan thru Mar) of depreciation remaining]
2005	((1,000.00 - 450.00) ÷ (3 3/12)) × 3 /12 = 42.31 [3 full periods and 3 months (Jan thru Mar) of depreciation remaining] [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