Page History
Mid Month
Under the mid month convention the depreciation would be a half month in the month placed in service
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12-31-2020
...
2 =(120*.2 /12)
Cost = 140
Salvage value=20
Annual percentage =.2 (from Depreciation method percent)
12= 12 months
...
12-3-2020
...
2 =(120*.2 /12)
Cost = 140
Salvage value=20
Annual percentage =.2 (from Depreciation method percent)
12= 12 months
...
12-31-2020
...
2 =(120*.2 /12)
Cost = 140
Salvage value=20
Annual percentage =.2 (from Depreciation method percent)
12= 12 months
...
1-1-2020
...
2 =(120*.2 /12)
Cost = 140
Salvage value=20
Annual percentage =.2 (from Depreciation method percent)
12= 12 months
...
12-31-2020
...
2 =(120*.2 /12)
Cost = 140
Salvage value=20
Annual percentage =.2 (from Depreciation method percent)
12= 12 months
...
3 dollars in December 2020
(one full month and 1/2 month
...
11-30-2020
...
2 =(120*.2 /12)
Cost = 140
Salvage value=20
Annual percentage =.2 (from Depreciation method percent)
12= 12 months
1.5 dollars in November 2020
1.5 dollars in December 2020
(one full month and 1/2 month
...
10-15-2020
...
2 =(120*.2 /12)
Cost = 140
Salvage value=20
Annual percentage =.2 (from Depreciation method percent)
12= 12 months
1 dollars in October 2020
1 dollars in November 2020
1 dollars in December 2020
(one full month and 1/2 month
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