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Accounting computerization fixed assets exercise, how to calculate in the box? Can the estimated net salvage value be calculated if it is 0?
Average life method annual depreciation amount = (original value-net salvage value)/service life =20000/5=4000.

Monthly depreciation =4000/ 12=333.33

Annual depreciation rate = 1/5* 100%=20%

Monthly depreciation rate =20%/ 12= 1.67%

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