Calculate asset depreciation using straight-line or double declining balance methods. Get a full depreciation schedule.
| Year | Depreciation | Book Value |
|---|---|---|
| Year 1 | 9000.00 | 41000.00 |
| Year 2 | 9000.00 | 32000.00 |
| Year 3 | 9000.00 | 23000.00 |
| Year 4 | 9000.00 | 14000.00 |
| Year 5 | 9000.00 | 5000.00 |
Straight-line depreciation spreads the asset cost evenly over its useful life. Annual depreciation = (Cost - Salvage Value) / Useful Life.
Disclaimer: Accountdesq provides this Depreciation Calculator for informational and convenience purposes only. Output is not a substitute for professional accounting, legal, or tax advice. No data entered is transmitted to or stored on our servers — all calculations happen locally in your browser. Accountdesq accepts no liability for errors in generated documents. Always consult a qualified accountant or tax professional for compliance matters.
