HP 20b HP 20b Calculator Quick Start Guide - Page 76

of tax deduction under U.S. Accelerated Cost Recovery

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Depreciation Table 8-1 Depreciation Methods Depreciation Method DecBal DBXover ACRS Sl Fr Description Declining balance is an accelerated depreciation method that presumes an asset will lose the majority of its value during the first few years of its useful life. Declining balance crossover is an accelerated depreciation method that presumes an asset will lose the majority of its value in the first few years of its useful life, but that it will revert to a consistent depreciation during the latter part of its life, which is then calculated using the straight line method. Accelerated Cost Recovery System calculates the amount of tax deduction under U.S. Accelerated Cost Recovery System. Straight line French. This method of depreciation is similar to the Straight line method, except an actual calendar date in mm.dd format is entered in for Start= to indicate when the asset was first placed into service. 76

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Depreciation
76
Table 8-1
Depreciation Methods
Depreciation
Method
Description
DecBal
Declining balance is an accelerated depreciation method
that presumes an asset will lose the majority of its value
during the first few years of its useful life.
DBXover
Declining balance crossover is an accelerated
depreciation method that presumes an asset will lose the
majority of its value in the first few years of its useful life,
but that it will revert to a consistent depreciation during the
latter part of its life, which is then calculated using the
straight line method.
ACRS
Accelerated Cost Recovery System calculates the amount
of tax deduction under U.S. Accelerated Cost Recovery
System.
Sl Fr
Straight line French. This method of depreciation is similar
to the Straight line method, except an actual calendar date
in
mm.dd
format is entered in for
Start=
to indicate when
the asset was first placed into service.