PPT-Chapter 11 Depreciation EGN

3615 ENGINEERING ECONOMICS WITH SOCIAL AND GLOBAL IMPLICATIONS 1 Engineering Economics and Chapter Outline Basic Aspects of Depreciation StraightLine Depreciation Declining Balancing Modified Accelerated Cost Recovery System . Long-Lived Assets. Presenter’s name. Presenter’s title. dd. Month . yyyy. costs that are . capitalized . and costs that are expensed . when incurred. Long-lived . assets . (noncurrent . assets or long-term . Chapter 8. McGraw-Hill/Irwin. © 2009 The McGraw-Hill Companies, Inc.. Accelerated Depreciation. Depreciation. Repair. Expense. Expense. Early Years. High. Low. Later Years. Low. High. Accelerated depreciation . http://www.investopedia.com/terms/d/depreciation.asp. Depreciation. Buildings, machinery, equipment, furniture, fixtures, computers, outdoor lighting, parking lots, . cars, and . trucks are examples of . Accounting Periods and Methods and Depreciation. Income Tax Fundamentals . 2013. Student Slides . Gerald E. Whittenburg . Martha . Altus-. Buller. Steven Gill. 2013 Cengage Learning. Accounting Periods. Depreciation, Impairment, and Disposition. 11:. After Studying this chapter you should be able to:. Understand the importance of depreciation, impairment, and disposition from a. business perspective.. Long-Lived Tangible and Intangible Assets. PowerPoint Authors:. . Brandy Mackintosh. Lindsay . Heiser. Learning Objective 9-1. Define, classify, and explain the nature of long-lived assets.. Tangible. Long-Lived Tangible and Intangible Assets. PowerPoint Authors:. . Brandy Mackintosh. Lindsay . Heiser. Learning Objective 9-1. Define, classify, and explain the nature of long-lived assets.. Tangible. Depreciation. – the reduction in value of an asset. Used to reflect remaining value of an asset over its useful life.. Book Depreciation. – used by corporations for internal financial accounting. 30. Chapter 9. Contemporary Engineering Economics. Copyright © . 2016. Chapter Opening Story . Delta Airlines has invested $100 million in improving luggage handling technology and equipment.. How. does the cost of this . Chapter . 12. Accrued depreciation. Age-life method. Book value. Capitalized income method. Cost basis. Cost-to-cure method. Curable depreciation. Curable postponed. Current-value accounting. Deferred maintenance. J C. Hobbs. Extension Tax Specialist. 580-237-7677. jc.hobbs@okstate.edu. Depreciation Tools. Based upon 2017 Tax Laws. Options available. Use in Income Tax Management. Depreciation. What is depreciable? (Machinery, equipment, vehicles, certain livestock, buildings, and other farm assets with a useful life greater than one year.). except. the following :-. Forests, plantations and similar regenerative natural resources; . Wasting assets including expenditure on the exploration for and extraction of minerals, oils, natural gas and similar non-regenerative resources; . Jung-woo Sohn (. jzs177@psu.edu. ) . Announcements:. No class on next Thursday (December 11. th. ). Instead, we will have a class time on Wednesday evening (December 10. th. ). Around 6pm?. Topic: Final review. MAC 2281 Calculus I 4MAC 2282 Calculus II 4MAP 2302 Differential Equations 3A Course in Statistics 3PHY 2048 Calculusbased General Physics I 3CHM 2045 General Chemistry I 3CHM 2046 General Chemistry I