Free Marketing Asset Depreciation Schedule Template
Marketing Asset Depreciation Schedule
Marketing Asset: |
Marketing Computer |
Cost of Acquisition: |
$1,200 |
Useful Life: |
5 years |
Depreciation Method: |
Straight-Line Depreciation |
Year 1:
-
Annual Depreciation Expense = ($1,200 - $0) / 5 = $240
-
Accumulated Depreciation = $240
-
Book Value = $1,200 - $240 = $960
Year 2:
-
Annual Depreciation Expense = ($1,200 - $0) / 5 = $240
-
Accumulated Depreciation = $240 + $240 = $480
-
Book Value = $1,200 - $480 = $720
Year 3:
-
Annual Depreciation Expense = ($1,200 - $0) / 5 = $240
-
Accumulated Depreciation = $480 + $240 = $720
-
Book Value = $1,200 - $720 = $480
Year 4:
-
Annual Depreciation Expense = ($1,200 - $0) / 5 = $240
-
Accumulated Depreciation = $720 + $240 = $960
-
Book Value = $1,200 - $960 = $240
Year 5:
-
Annual Depreciation Expense = ($1,200 - $0) / 5 = $240
-
Accumulated Depreciation = $960 + $240 = $1,200
-
Book Value = $1,200 - $1,200 = $0