27.5 years, as it is a structural component of the building
Striaghtline Method-15 years, if a residential rental.
declining - balance
Straight line
Formula for calculating depreciation value Annual depreciation value = (Total cost - salvage value (if any) ) / useful life
Formula for straight line depreciation is as follows: Depreciation = (Cost of asset - salvage value) / useful life of asset
Depreciation expense reduce the cost of asset through income statement for the useful life of asset and accumulated depreciation account is contra account for asset account in balance sheet to show the total amount of depreciation charged.
The formula for a straight line depreciation method is the Cost minus the Salvage Value over the Life in Number of Periods which will equal Depreciation.
In order to charge depreciation, we must know the expected life of the Asset. So in the case of Land, we cannot calculate the expected life of the land.
In some cases, bacteremia leads to septic shock, a potentially life-threatening condition
Straigt line depreciation = (total cost of asset - salvage value)/ useful life of asset.
straight-line
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