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Depreciation. Is depreciation a revenue or expense? What types of items get depreciated? L Depreciation A Why depreciate something?. Depreciation. To calculate depreciation, you need to know: The asset’s original The asset’s The asset’s

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depreciation
Depreciation
  • Is depreciation a revenue or expense?
  • What types of items get depreciated?
    • L
  • Depreciation
    • A
  • Why depreciate something?
depreciation1
Depreciation
  • To calculate depreciation, you need to know:
    • The asset’s original
    • The asset’s
    • The asset’s
    • The rate at which the asset is depreciated over time
  • Straight-Line depreciation
    • Asset depreciates until it reaches its salvage value
  • Declining balance depreciation
    • Asset depreciates until it reaches its salvage value.
    • This method : more depreciation occurs earlier in the asset’s life