Depreciation Study Sheet

Depreciation is the periodic, systematic expiration of the cost of a company’s fixed assets (except for land). Explore definitions and methods (including declining balance, straight line, and units of production). It also prints for easy reference. Continue reading

Double Declining Balance

This Formula Solver walks you through the steps to calculate depreciation with the double declining balance method. Use your own numbers for the current value, salvage value, and years of life to find the depreciation for an asset in the current year. Continue reading

Depreciation Consultant

Answer a series of basic questions, and this virtual consultant will advise you which depreciation method to use — straight line, sum of the years’ digits, units of production, or declining balance — while teaching you about each one. Continue reading