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thanks for the great reply Mr. Abdul Khalique
Dear Friend,
What is the formula of straight line depreciation in excel?
Here is the answer to your question if its for Excel 2010 version:
The SLN function performs the following calculation. Deprecation Value = (10,000 - 1,000) / 10 = 900.00. If we subtract this value 10 times, the asset depreciates from 10,000 to 1000 in 10 years (see first picture, bottom half).
Hope this helps u, if yes please vote up to my answer.
Regards
Poonam
Deprecation Value = (, -1,) / =.
the formula is= {(cost- salvage)/useful life in units)units produced in period.
=SLN(COST,SALVAGE,LIFE)
Cost is the original cost of the item, Salvage is the proceeds you expect to receive upon disposal, while Life is the useful life of the asset specified in years.
=Asset cost divided by the number of years
thanks for the invitation
Agrees with the answers