ACCT 284 at Iowa State University

7. Partial Year Depreciation

in Topic 8 (Video 7 of 8)
If you buy an asset in the middle of the year, you have to adjust your depreciation calculations to account for that.

This Video Mentioned Some Formulas

Depreciable Base = Cost - Salvage Value
Partial Year Depreciation Expense = SL or DDB Full Year Expense * Months In Service / 12
When using units of production, there is no "partial year" formula, since UoP is not time based in the first place.

The Rest Of The Videos

Heads up! You don't have access to all the videos in this topic yet. You'll need to log in or register first.

Did I miss anything in Topic 8?

What Did I Miss?