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Accumulated Depreciation Calculator

Calculate total depreciation expense for fixed assets using various depreciation methods

Calculate Accumulated Depreciation

Equal depreciation expense each year

Original purchase price of the asset

Expected value at end of useful life

Expected years of productive use

Time period for depreciation calculation

Depreciation Results

$0
Accumulated Depreciation
$0
Net Book Value
$0
Total Depreciable Amount

Example Calculation

Manufacturing Equipment Example

Asset: Toy-producing machine

Cost: $25,000

Salvage Value: $3,000

Useful Life: 15 years

Calculate for: 3 years

Straight-Line Calculation

Annual Depreciation = ($25,000 - $3,000) ÷ 15 = $1,467

Accumulated (3 years) = $1,467 × 3 = $4,400

Net Book Value = $25,000 - $4,400 = $20,600

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Depreciation Methods

1

Straight-Line

Equal depreciation each year

Most common and simple

2

Declining Balance

Higher early depreciation

Accelerated method

3

Sum of Years

Accelerated, fraction-based

Declining each year

4

Units of Production

Based on actual usage

Variable depreciation

Key Concepts

💰

Book Value

Original cost minus accumulated depreciation

📊

Salvage Value

Expected value at end of useful life

Useful Life

Expected years of productive use

📈

Depreciable Amount

Cost minus salvage value

Understanding Accumulated Depreciation

What is Accumulated Depreciation?

Accumulated depreciation is the total amount of depreciation expense that has been allocated to a fixed asset since it was put into service. It represents the cumulative reduction in an asset's value over time due to wear, tear, and obsolescence.

Why Calculate It?

  • Financial reporting and accounting compliance
  • Tax deduction calculations
  • Asset replacement planning
  • Insurance claim valuations

Applicable Assets

Depreciable Assets

  • • Buildings and structures
  • • Machinery and equipment
  • • Vehicles and transportation
  • • Furniture and fixtures
  • • Computer equipment

Non-Depreciable Assets

  • • Land (doesn't lose value over time)
  • • Inventory (not fixed assets)
  • • Cash and investments
  • • Accounts receivable
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