POS terminals (×4)
FA-006 · POS-2210 · posts to 1320 Computer equipment.
Cost
$9,600
Accumulated
$4,000
Book value
$5,600
Depreciation schedule
First periods — straight line, no salvage value
| Period | Depreciation | Accumulated | Book value |
|---|---|---|---|
| May 2024 | $200.00 | ($200.00) | $9,400.00 |
| Jun 2024 | $200.00 | ($400.00) | $9,200.00 |
| Jul 2024 | $200.00 | ($600.00) | $9,000.00 |
| Aug 2024 | $200.00 | ($800.00) | $8,800.00 |
| Sep 2024 | $200.00 | ($1,000.00) | $8,600.00 |
| Oct 2024 | $200.00 | ($1,200.00) | $8,400.00 |
| Nov 2024 | $200.00 | ($1,400.00) | $8,200.00 |
| Dec 2024 | $200.00 | ($1,600.00) | $8,000.00 |
… 40 more periods until fully depreciated.
Asset details
- Status
- in service
- Method
- Straight line
- Useful life
- 48 months
- Monthly dep.
- $200.00
- Remaining life
- ~2 yrs
- Serial
- POS-2210
Posting
- Cost account
- 1320
- Depreciation
- 6090 expense
- Accumulated
- 1330 contra