会计英语秘第六章复习.pptxVIP

Chapter 6;Learning objectives;Special Terms;6.1 Tangible Assets and Depreciation;;Acquisition Date;During its useful life;Factors affecting depreciation;Depreciation methods; Depreciation per year Annual rate of depreciation ;【Example 1】Stanley Coal Mines recently purchased an additional crane【kre?n】吊车 for digging purposes. Pertinent data有关资料 concerning the purchase of the crane are: Cost of crane $500,000 Estimated useful life 5 years Estimated residual value $50,000 Under straight-line method, the depreciation expense for each year of the crane is calculated: ($500,000 – $50,000) ? 5 years = $90,000 per year;The entry to record this depreciation expense would be Depreciation expense 90,000 Accumulated depreciation 90,000 On the balance sheet, accumulated depreciation is deducted from the cost of property , plant, and equipment, and difference, called the book value ( or property, plant, and equipment, net), is included in total assets.;2. Units-of-production method 工作量法 The Units-of-production method allocates the cost of an asset to usage rather than years. This method amortizes the cost of the asset over the estimated service life as measured by estimated units of production, not by estimated years. If the use of the asset varies and the contribution to revenue differs from period to period, the units-of-production method may be appropriate. The depreciation per unit of production is determined as follows:; Depreciation cost per unit = Depreciation expense for period= Depreciation cost per unit ×actual production amount during current period Note that the straight-line method provides a constant不变的 depreciation amount per year, but the units-of-production method provides a constant amount per unit of production. ;【Example 2】Use the data provided in example 1, it is estimated that the productive life of the crane is about 30,000 hours. If the crane is used 4,000 hours the first year, the depreciation charge would be: ($500,0