会计英语LESSON18.pptVIP

Part 1 Words and Phrases 1.Units-of –production method 产量法 2. SYD method 年数总和法 SYD＝sum-of-the-year’s-digits 3. DDB method 双倍递减余额法 DDB＝double-declining-balance Part 1 Words and Phrases 4. income tax reporting income tax 所得税 5.Accelerated depreciation method Depreciation 折旧 6. APB＝Accounting Principles Board 7.AICPA =American Institute of Certified Public Accountants Part 2 Presentation a. describe an operational situation that lend itself most naturally to each of the following depreciation methods The general rule for amortization of intangible assets Part 2 Presentation--situation straight-line method is best suited to assets whose periodic usage is relatively uniform and whose obsolescence factor is low Units of product method is particularly appropriate when wear is the major cause of depreciation and the amount of is varies from period to period SYD or DDB is suited to those situations in which the assets is judged to render greater utility during its earlier life and less in its later life Depreciation - Method of Cost Allocation Depreciation - Method of Cost Allocation Depreciation - Method of Cost Allocation Depreciation - Method of Cost Allocation Part 2 Presentation—general rule The intangible assets are amortized over the shortest of their economic useful life, their legal life ,or up to 40 years Part 1 Words and Phrases Terms Units-of –production method SYD method DDB method income tax reporting Accelerated depreciation method APB AICPA LO 3 Compare activity, straight-line, and decreasing-charge methods of depreciation. Exercise (Depreciation Computations—Four Methods) Robert Parish Corporation purchased a new machine for its assembly process on September 30, 2007. The cost of this machine was $117,900. The company estimated that the machine would have a salvage value of $12,900 at the end of its service life. Its life is estimated at 5 years an