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