Conference table + chairs

FA-005 · FRN-0855 · posts to 1310 Equipment & furniture.

Cost

$5,200

Accumulated

$813

Book value

$4,387

Depreciation schedule

First periods — straight line, no salvage value

Period Depreciation Accumulated Book value
Oct 2024 $54.17 ($54.17) $5,145.83
Nov 2024 $54.17 ($108.34) $5,091.66
Dec 2024 $54.17 ($162.51) $5,037.49
Jan 2025 $54.17 ($216.68) $4,983.32
Feb 2025 $54.17 ($270.85) $4,929.15
Mar 2025 $54.17 ($325.02) $4,874.98
Apr 2025 $54.17 ($379.19) $4,820.81
May 2025 $54.17 ($433.36) $4,766.64

… 88 more periods until fully depreciated.

Asset details

Status
in service
Method
Straight line
Useful life
96 months
Monthly dep.
$54.17
Remaining life
~6 yrs
Serial
FRN-0855

Posting

Cost account
1310
Depreciation
6090 expense
Accumulated
1330 contra
See monthly depreciation entries