基础会计英文版课件第二版郭桂杭 ISBN9787566307125 PPTSupplement1 Fixed Assets and Depreciation Methods.ppt

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1、Supplement1FixedAssetsandDepreciationMethodsClassificationofAssetsCurrentAssets(流动资产)areassetswhichcanbeconvertedintoCashorconsumedwithinoneyearorthenormalOperatingcycleofthebusinessFixedAssets(固定资产)orlong-termassets,refertothoserelativelylong-livedassetswhichareheldbyabusine

2、ssforuseinitsoperationTwomajorcharacteristicsofFixedAssets①theyarelong-livedassetswithaneconomiclifecoveringmanyaccountingperiods;②theyareheldforuseintheoperationsofthebusiness,notforresale.MajorCategoriesofFixedAssets1.property,plantandequipment,2.naturalresources3.intangibl

3、eassetsGuangliServices:property,plantandequipment:trucks,equipment,andhouseDepreciationMethodsofPlantAssetStraight-linemethodSum-of-the-years’-digitsmethodDouble-declining-balanceMethodOthers:workinghoursmethod,units-of-outputmethodDepreciationBookValueCost-AccumulatedDepreci

4、ationAccumulatedDepreciationRepresentstheportionofanasset’scostthathasalreadybeenallocatedtoexpense.Bookvalueoflastyear=salvagevalueExampleGuangliServicesboughtadditionalhouse-movingequipmentatacostof18000yuan.Theusefullifeoftheequipmentisexpectedtobefiveyearsandthesalvageval

5、ueattheendofthefifthyearisestimatedtobe3000yuan.Howtocalculateyearlydepreciation?Straight-lineMethodthesimplestandthemostpopularmethodofdepreciationFormulaYearlydepreciation=Costofasset-SalvagevalueYearsusefullifeComputethecalculationYearlydepreciation=18000yuan–3000yuan5year

6、s=3000yuanYearDepreciationfortheYearAccumulatedDepreciationBookValue115000/5=3000300018000-3000=15000215000/5=30003000+3000=600018000-6000=12000315000/5=30006000+3000=900018000-9000=9000415000/5=30009000+3000=1200018000-12000=6000515000/5=300012000+3000=1500018000-15000=30001

7、5000Sum-of-the-Years’-DigitsMethodAccelerateddepreciationmethod---fortaxpurposeDepreciationintheearlyyearsofanasset’sestimatedusefullifeishigherthaninlateryears.theyearsinreverseorderThesumofnumberofyears1+2+3+4+5=1515,asthedenominatoroffractions,andusetheyearsinreverseordera

8、sthenumerators.5/15+4/15+3/15+2/15+1/15=15/15YearDepreciationfortheY