Sum-of-the-Years’ Digits: Definition and How to Calculate
To illustrate SYD depreciation, assume that a service business purchases equipment at a cost of $160,000. This asset is expected to have a useful life of 5 years at which time it will be sold for $10,000. This means that the total amount of depreciation will be $150,000 spread over the equipment’s useful life of […]
Sum-of-the-Years’ Digits: Definition and How to Calculate Read More »