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Volume 1 / Accounting Module
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Volume 1 / Accounting Module
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ASSET NAME
Warehouse Shelving — B4
ASSET TAG
FA-2201
CATEGORY
Equipment
Vehicles
IT & Software
Furniture
Custom
Warehouse Shelving — B4
FA-2201
PURCHASE DATE
Aug 25, 2026
PURCHASE COST
$12,400.00
USEFUL LIFE
5 years
SALVAGE VALUE
$1,200.00
DEPRECIATION METHOD
Straight-Line
Declining Balance
Units of Production
Straight-Line
— the same amount is expensed every year until salvage value.
Book Value Over Time
−$2,240 / yr
Now
Yr 1
Yr 2
Yr 3
Yr 4
Yr 5
TODAY
$12,400
AT YEAR 5 (SALVAGE)
$1,200
LOCATION
Warehouse B — Newark DC
GL ASSET ACCOUNT
1710 · Equipment (net)
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