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Straight Line Monthly Depreciation amount wrong after Asset Write Down

edited Jul 21, 2025 3:55AM in Ask A Guru 13 comments

Hi All

Is this System behaviour for simple Straight Line Method Monthly Depreciation on Asset recalculated based on Asset Cost after write down in Jan 2025 divide by whole life 60 months instead of Dividing remaining NetBook $1145.34 Value over remaining 26 months

Example

Thanks for your guidance.

Kedalene Chong

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