acct229 at Texas A&M

7. Partial Year Depreciation

in Chapter 8 (Video 7 of 8)
If you buy an asset in the middle of the year, you have to adjust your depreciation calculations to account for that.

This Video Mentioned Some Formulas

Depreciable Base = Cost - Salvage Value
Partial Year Depreciation Expense = SL or DDB Full Year Expense * Months In Service / 12
When using units of production, there is no "partial year" formula, since UoP is not time based in the first place.

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