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Soyd depreciation and ddb depreciation

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Reference no: EM131523838

Need this in excel format. For the first problem the DDB is not sync working right

Depreciation Schedules

A depreciable asset costs $10,000 and has an estimated salvage value of $1600 at the end of its 6-year depreciable life. Compute the depreciation schedule for this asset by both SOYD depreciation and DDB depreciation.

Depreciation Schedules

Some special handling devices can be obtained for $12,000. At the end of 4 years they can be sold for $600. Compute the depreciation schedule for the devices using the following methods:

(a) Straight line depreciation.

(b) Sum-of-years'-digits depreciation.

(c) Double declining balance depreciation.

(d) MACRS depreciation

Reference no: EM131523838

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