Create beginning accumulated depreciation:
-All assets use the straight-line method
-All asse...
Create beginning accumulated depreciation:
-All assets use the straight-line method
-All assets acquired any time during the year receive a full year’s initial depreciation-so even if owned for one day, the assets would be depreciated for a full year.
-Create current year’s depreciation (straight-line method, full year’s depreciation amount is taken for initial year in which asset acquired)oCreate ending accumulated depreciation
What excel formulas do I use?
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