Kelly’s Boutique
Depreciation Summary
Asset
Date
Acquired
Cost
Deprec.
Method
2015
Deprec.
2015 Acc.
Deprec.
2016
Deprec.
2016 Acc.
Deprec.
2017
Deprec.
2017Acc.
Deprec.
2018
Deprec.
2018 Acc.
Deprec.
Kelly’s Boutique Depreciation Schedule
Asset #
101
Year
Accumulated
Depreciation
2015 $24,000.00 $24,000.00
2016 $24,000.00 $48,000.00
2017 $24,000.00 $72,000.00
2018 $24,000.00 $96,000.00
2019 $24,000.00 $120,000.00
2020 $24,000.00 $144,000.00
2021 $24,000.00 $168,000.00
2022 $24,000.00 $192,000.00
2023 $24,000.00 $216,000.00
2024 $24,000.00 $240,000.00
2025 $24,000.00 $264,000.00
2026 $24,000.00 $288,000.00
2027 $24,000.00 $312,000.00
2028 $24,000.00 $336,000.00
2029 $24,000.00 $360,000.00
2030 $24,000.00 $384,000.00
2031 $24,000.00 $408,000.00
2032 $24,000.00 $432,000.00
2033 $24,000.00 $456,000.00
2034 $24,000.00 $480,000.00
2035 $24,000.00 $504,000.00
2036 $24,000.00 $528,000.00
2037 $24,000.00 $552,000.00
2038 $24,000.00 $576,000.00
2039 $24,000.00 $600,000.00
Kelly’s Boutique Depreciation Schedule
Asset #
102
Asset
Computer System
Year
Depreciation
Expense
Accumulated
Depreciation
2017 $22,750.00 $22,750.00
2018 $22,750.00 $45,500.00
2019 $22,750.00 $68,250.00
2020 $22,750.00 $91,000.00
Student Name 3/6/2023 ch4-03_student_name.xlsx
Kelly’s Boutique Depreciation Schedule
Asset #
103
Asset
Phone System
Year
Accumulated
Depreciation
2017 $15,800.00 $15,800.00
2018 $15,800.00 $31,600.00
2019 $15,800.00 $47,400.00
2020 $15,800.00 $63,200.00
2021 $15,800.00 $79,000.00
Student Name 3/6/2023 ch4-03_student_name.xlsx
Kelly’s Boutique
Depreciation Summary
Asset
Date
Acquired
Cost
Deprec.
Method
2015
Deprec.
2015 Acc.
Deprec.
2016
Deprec.
2016 Acc.
Deprec.
2017
Deprec.
2017Acc.
Deprec.
2018
Deprec.
2018 Acc.
Deprec.
Building 1/1/2015 625,000$ DDB $50,000 $50,000 $46,000 $96,000 $42,320 $138,320 $38,934 $177,254
Student Name 3/6/2023 ch4-03_student_name.xlsx
Kelly’s Boutique Depreciation Schedule
Asset #
101
Asset
Building
Year
Depreciation
Expense
Accumulated
Depreciation
Straight-Line
Test
Switch
Depreciation
Expense
Accumulated
Depreciation
2015 $50,000.00 $50,000.00 $24,000.00 – $50,000.00 $50,000.00
2016 $46,000.00 $96,000.00 $22,916.67 – $46,000.00 $96,000.00
2017 $42,320.00 $138,320.00 $21,913.04 – $42,320.00 $138,320.00
2018 $38,934.40 $177,254.40 $20,985.45 – $38,934.40 $177,254.40
2019 $35,819.65 $213,074.05 $20,130.74 – $35,819.65 $213,074.05
2020 $32,954.08 $246,028.12 $19,346.30 – $32,954.08 $246,028.12
2021 $30,317.75 $276,345.87 $18,630.10 – $30,317.75 $276,345.87
2022 $27,892.33 $304,238.20 $17,980.78 – $27,892.33 $304,238.20
2023 $25,660.94 $329,899.15 $17,397.75 – $25,660.94 $329,899.15
2024 $23,608.07 $353,507.22 $16,881.30 – $23,608.07 $353,507.22
2025 $21,719.42 $375,226.64 $16,432.85 – $21,719.42 $375,226.64
2026 $19,981.87 $395,208.51 $16,055.24 – $19,981.87 $395,208.51
2027 $18,383.32 $413,591.83 $15,753.19 – $18,383.32 $413,591.83
2028 $16,912.65 $430,504.48 $15,534.01 – $16,912.65 $430,504.48
2029 $15,559.64 $446,064.12 $15,408.68 – $15,559.64 $446,064.12
2030 $14,314.87 $460,378.99 $15,393.59 X $15,393.59 $461,457.71
2031 $13,169.68 $473,548.67 $15,513.45 X $15,393.59 $476,851.30
2032 $12,116.11 $485,664.78 $15,806.42 X $15,393.59 $492,244.89
2033 $11,146.82 $496,811.60 $16,333.60 X $15,393.59 $507,638.47
2034 $10,255.07 $507,066.67 $17,198.07 X $15,393.59 $523,032.06
2035 $9,434.67 $516,501.34 $18,586.67 X $15,393.59 $538,425.65
2036 $8,679.89 $525,181.23 $20,874.67 X $15,393.59 $553,819.24
2037 $7,985.50 $533,166.73 $24,939.59 X $15,393.59 $569,212.82
2038 $7,346.66 $540,513.39 $33,416.63 X $15,393.59 $584,606.41
2039 $6,758.93 $547,272.32 $59,486.61 X $15,393.59 $600,000.00
Kelly’s Boutique Depreciation Schedule
Asset #
102
Asset
Computer System
Year
Depreciation
Expense
Accumulated
Depreciation
Straight-Line
Test
Switch
Depreciation
Expense
Accumulated
Depreciation
2017 $47,500.00 $47,500.00 $22,750.00 – $47,500.00 $47,500.00
2018 $23,750.00 $71,250.00 $14,500.00 – $23,750.00 $71,250.00
2019 $11,875.00 $83,125.00 $9,875.00 – $11,875.00 $83,125.00
2020 $5,937.50 $89,062.50 $7,875.00 X $7,875.00 $91,000.00
Kelly’s Boutique Depreciation Schedule
Asset #
103
Asset
Phone System
Year
Depreciation
Expense
Accumulated
Depreciation
Straight-Line
Test
Switch
Depreciation
Expense
Accumulated
Depreciation
2017 $33,600.00 $33,600.00 $15,800.00 – $33,600.00 $33,600.00
2018 $20,160.00 $53,760.00 $11,350.00 – $20,160.00 $53,760.00
2019 $12,096.00 $65,856.00 $8,413.33 – $12,096.00 $65,856.00
2020 $7,257.60 $73,113.60 $6,572.00 – $7,257.60 $73,113.60
2021 $4,354.56 $77,468.16 $5,886.40 X $5,886.40 $79,000.00
Student Name 3/6/2023 ch4-03_student_name.xlsx
Kelly’s Boutique
Depreciation Summary
Asset
Date
Acquired
Cost
Deprec.
Method
2015
Deprec.
2015 Acc.
Deprec.
2016
Deprec.
2016 Acc.
Deprec.
2017
Deprec.
2017Acc.
Deprec.
2018
Deprec.
2018 Acc.
Deprec.
Building 1/1/2015 625,000$ SYD $46,154 $46,154 $44,308 $90,462 $42,462 $132,923 $40,615 $173,538
Student Name 3/6/2023 ch4-03_student_name.xlsx
Kelly’s Boutique Depreciation Schedule
Asset #
101
Asset
Building
Year
Depreciation
Expense
Accumulated
Depreciation
2015 $46,153.85 $46,153.85
2016 $44,307.69 $90,461.54
2017 $42,461.54 $132,923.08
2018 $40,615.38 $173,538.46
2019 $38,769.23 $212,307.69
2020 $36,923.08 $249,230.77
2021 $35,076.92 $284,307.69
2022 $33,230.77 $317,538.46
2023 $31,384.62 $348,923.08
2024 $29,538.46 $378,461.54
2025 $27,692.31 $406,153.85
2026 $25,846.15 $432,000.00
2027 $24,000.00 $456,000.00
2028 $22,153.85 $478,153.85
2029 $20,307.69 $498,461.54
2030 $18,461.54 $516,923.08
2031 $16,615.38 $533,538.46
2032 $14,769.23 $548,307.69
2033 $12,923.08 $561,230.77
2034 $11,076.92 $572,307.69
2035 $9,230.77 $581,538.46
2036 $7,384.62 $588,923.08
2037 $5,538.46 $594,461.54
2038 $3,692.31 $598,153.85
2039 $1,846.15 $600,000.00
Student Name 3/6/2023 ch4-03_student_name.xlsx
Kelly’s Boutique Depreciation Schedule
Asset #
102
Asset
Computer System
Estimated useful life
4
Year
Depreciation
Expense
Accumulated
Depreciation
2017 $36,400.00 $36,400.00
2018 $27,300.00 $63,700.00
2019 $18,200.00 $81,900.00
2020 $9,100.00 $91,000.00
Kelly’s Boutique Depreciation Schedule
Asset #
103
Asset
Phone System
Year
Depreciation
Expense
Accumulated
Depreciation
2017 $26,333.33 $26,333.33
2018 $21,066.67 $47,400.00
2019 $15,800.00 $63,200.00
2020 $10,533.33 $73,733.33
2021 $5,266.67 $79,000.00
$50,000.00
$60,000.00
Asset 101 Depreciation Comparison