Calculate Total Depreciation by Reducing Balance method

Garvit

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<TABLE style="WIDTH: 173pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width=231 border=0 x:str><COLGROUP><COL style="WIDTH: 65pt; mso-width-source: userset; mso-width-alt: 3181" width=87><COL style="WIDTH: 59pt; mso-width-source: userset; mso-width-alt: 2889" width=79><COL style="WIDTH: 49pt; mso-width-source: userset; mso-width-alt: 2377" width=65><TBODY><TR style="HEIGHT: 11.25pt" height=15><TD class=xl27 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; WIDTH: 173pt; BORDER-BOTTOM: #d4d0c8; HEIGHT: 11.25pt; BACKGROUND-COLOR: silver; mso-ignore: colspan" width=231 colSpan=3 height=15>Could anyone tell me which excel function can be applied below to calculate depreciation by Reducing balance method & how?

Q.Calculate Depreciation using Diminishing Balance Method for 5 Years no extra columns to be added.
</TD></TR><TR style="HEIGHT: 11.25pt" height=15><TD class=xl29 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; HEIGHT: 11.25pt; BACKGROUND-COLOR: transparent" height=15></TD><TD class=xl30 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD><TD class=xl30 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: #d4d0c8; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: #d4d0c8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 11.25pt" height=15><TD class=xl31 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 11.25pt; BACKGROUND-COLOR: silver" height=15>Cost</TD><TD class=xl32 style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: silver"> </TD><TD class=xl34 style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" x:num="20000">$20,000.00 </TD></TR><TR style="HEIGHT: 11.25pt" height=15><TD class=xl31 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 11.25pt; BACKGROUND-COLOR: silver" height=15>Salvage</TD><TD class=xl32 style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: silver"> </TD><TD class=xl34 style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" x:num="2000">$2,000.00 </TD></TR><TR style="HEIGHT: 11.25pt" height=15><TD class=xl31 style="BORDER-RIGHT: #d4d0c8; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 11.25pt; BACKGROUND-COLOR: silver" height=15>Life</TD><TD class=xl32 style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: #d4d0c8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: silver"> </TD><TD class=xl35 style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" x:num="6"> 6 </TD></TR><TR style="HEIGHT: 11.25pt" height=15><TD class=xl31 style="BORDER-RIGHT: black 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 11.25pt; BACKGROUND-COLOR: silver; mso-ignore: colspan" colSpan=2 height=15>Total Depreciation for 5 Years</TD><TD class=xl33 style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: #ccffcc"> </TD></TR></TBODY></TABLE>
 

Excel Facts

Format cells as currency
Select range and press Ctrl+Shift+4 to format cells as currency. (Shift 4 is the $ sign).
Could you please apply DDB function in the above question?

I tried using it but i m not getting Depreciation by Reducing Balance Method.
 
Upvote 0
If that's not homework, I'd be very surprised. ;)
 
Upvote 0

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