acct209.com Formula Sheet
| Revenues |
| – Expenses |
| Net Income |
| Depreciable Base = Cost - Salvage Value |
| Straight Line Depreciation Expense = Depreciable Base / Useful Life |
| Assets |
| – Accumulated Depreciation |
| Book Value |
acct209.com Formula Sheet
| Revenues |
| – Expenses |
| Net Income |
| Depreciable Base = Cost - Salvage Value |
| Straight Line Depreciation Expense = Depreciable Base / Useful Life |
| Assets |
| – Accumulated Depreciation |
| Book Value |