Loading...
The URL can be used to link to this page
Your browser does not support the video tag.
D - 6 Vac Con Journal Entries
City of Atlantic Beach Vac Con Capital Asset Recording D - 6A Journal Entry to record Vac Con Capital Asset #00002908 410-0000-166-91-00 470-0000-166-91-00 410-0000-599-69-99 410-0000-599-69-99 D - 6B Journal Entry to record Vac Con Depreciation 410-0000-167-91-00 470-0000-167-91-00 410-0000-535-59-05 470-0000-538-59-05 Asset number . . . . . : 00002908 Description . . . . . . : VAC CON CAPITAL LEASE Capitalized Cost . . . : 274,952.00 Salvage Value . . . . . : .00 Depreciable Amount . . : 274,952.00 Life (Months) . . . . . : 60 Acquisition Date . . . : 7/30/2018 STRAIGHT LINE - ANNUAL DEPRECIATION USING SIX MONTH CONVENTION Remaining Life-to-date Current Period Total Life Depreciation Depreciation End date Depreciation 54 .00 61,100.44 9/30/2019 61,100.44 42 61,100.44 61,100.45 9/30/2020 122,200.89 30 122,200.89 61,100.44 9/30/2021 183,301.33 18 183,301.33 61,100.45 9/30/2022 244,401.78 6 244,401.78 30,550.22 9/30/2023 274,952.00 AJE # 4068 AJE # 4069 Accumulated depreciation Accumulated depreciation Depreciation expense Depreciation expense ASSET ASSET EXPENSE EXPENSE Total . . 137476 137476 0 0 274952 30550.22 30550.22 61100.44 0 0 137476 137476 274952 30550.22 30550.22 61100.44