Depreciation Flashcards
1
Q
Straight-Line Depreciation
A
(original price - salvage price)/estimated life
2
Q
Book Value
A
original price - accumulated depreciation
3
Q
Double-declining Balance Method Rate
A
(100%/estimated life) x 2
4
Q
Sum of the Year’s Depreciation Method
A
original price - salvage price = depreciation
