Answered step by step
Verified Expert Solution
Question
1 Approved Answer
How can we apply the three methods of calculating depreciation in the below excel ? Using the three depreciation functions in excel, SLN, SYD and
How can we apply the three methods of calculating depreciation in the below excel ? Using the three depreciation functions in excel, "SLN," "SYD" and "VDB,"
Example 3.18 Using the three depreciation functions in excel, "SLN," "SYD" and "VDB," we can apply the three methods of calculating depreciation requested: A B D Notes 1 2. Formula 3 SLN(cost, salvage,life) SLN(10000,2000,4) 4 SYD(cost, salvage, life, period) SYD(10000,2000,4,1) 5 SYD(10000,2000,4,2) 6 SYD(10000,2000,4,3) 7 SYD(10000,2000,4,4) For year 1 For year 2 For year 3 For year 4 Answe $2,000 $3,200 $2,400 $1,600 $800 VDB(cost, salvage, life, starting 8 period, ending period) VDB(10000,2000,4,0,1) Between Yr 0 and 1 $5,000 9 VDB(10000,2000,4,1,2) Between Yr 1 and 2 $2,500 10 VDB(10000,2000,4,2,3) Between Yr 2 and 3 $500 11 VDB(10000,2000,4,3,4) Between Yr 3 and 4 $0 12Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started