MYBREAKEVEN • Published November 7, 2026

Depreciation Methods: Asset Cost, Useful Life and Profit Impact — working record

Original fictional USD case. This worksheet does not automatically calculate. Edit the blank cells, then print or save your completed copy before closing. Fields are not uploaded or saved by this page.

Completed teaching case

Reconciled case from the guide
Method	Year-one allocation	Carrying amount	Calculation
Straight line	$2,400	$11,600	12,000 depreciable base / 5 years
Units of production	$3,000	$11,000	12,000 / 60,000 units × 15,000 units
Double declining balance	$5,600	$8,400	40% × 14,000 opening carrying amount

Your evidence and assumptions

Business / preparerReporting date or horizonCurrency / accounting basisEvidence referencesReviewer / next review date

Your working record — replace each cell
Asset / in-use date	Supported cost / residual	Life / output assumption	Method / period allocation	Reviewer / reconciliation
Enter record 1	Enter value	Enter value	Enter value	Enter value
Enter record 2	Enter value	Enter value	Enter value	Enter value
Enter record 3	Enter value	Enter value	Enter value	Enter value
Enter record 4	Enter value	Enter value	Enter value	Enter value
Enter record 5	Enter value	Enter value	Enter value	Enter value

Reconciliation / independent calculationUnresolved issue, action owner, deadline and stop / escalation condition

Check amounts, dates, scope and source documents independently. Planning education; not accounting, legal, tax or lending advice.

Read the full method and limitations