Depreciation Charge in a sentence
Synonym: expense. Antonym: appreciation
Meaning: An accounting entry that reduces the value of an asset over time; reflects wear and tear.
(1) The annual depreciation charge for the software was $5,000.
(2) The annual depreciation charge for the building was $50,000.
(3) The depreciation charge for the vehicle was $2,000 per year.
(4) The depreciation charge for the computer equipment was $1,500.
(5) The depreciation charge for the machinery was $3,000 per month.
(6) The depreciation charge for the furniture and fixtures was $5,000.
(7) The company recorded a depreciation charge of $10,000 for the year.
(8) The annual depreciation charge for the office equipment was $3,000.
(9) The company's annual report shows a significant depreciation charge.
(10) The depreciation charge is deducted from the asset's value over time.
Depreciation Charge sentence
(11) The depreciation charge is spread evenly over the asset's useful life.
(12) The depreciation charge is essential for accurate financial reporting.
(13) The depreciation charge reduces the asset's value on the balance sheet.
(14) The depreciation charge is higher for assets with shorter useful lives.
(15) The depreciation charge is an important consideration for tax purposes.
(16) The depreciation charge for the company's intangible assets was $15,000.
(17) The depreciation charge is lower for assets that retain their value well.
(18) The depreciation charge for the leased equipment was borne by the lessor.
(19) The depreciation charge for the company's goodwill was assessed annually.
(20) The depreciation charge for the company's leasehold buildings was $3,500.
Depreciation Charge make sentence
(21) The accountant recorded a depreciation charge for the building in the books.
(22) The depreciation charge is recognized as an expense in the income statement.
(23) The depreciation charge is adjusted annually based on the asset's condition.
(24) The depreciation charge for the company's leasehold improvements was $2,500.
(25) The depreciation charge for the company's patents and trademarks was $5,000.
(26) The depreciation charge for the company's investment properties was $20,000.
(27) The depreciation charge is necessary to reflect the asset's decreasing value.
(28) The depreciation charge is higher for assets that are subject to heavy usage.
(29) The depreciation charge for the equipment was spread over a five-year period.
(30) The company's financial statements included a depreciation charge of $25,000.
Sentence of depreciation charge
(31) The company's financial statement includes a depreciation charge for the year.
(32) The depreciation charge for the company's leasehold land was $1,000 per month.
(33) The depreciation charge for the building was spread over a twenty-year period.
(34) The depreciation charge for the software was amortized over a three-year period.
(35) The company's depreciation charge decreased after selling some of its equipment.
(36) The company's depreciation charge increased by 10% compared to the previous year.
(37) The company's depreciation charge increased due to the addition of new machinery.
(38) The depreciation charge for the building was adjusted to account for renovations.
(39) The depreciation charge for the equipment was calculated based on its useful life.
(40) The depreciation charge is necessary to account for the wear and tear of the asset.
Depreciation Charge meaningful sentence
(41) The depreciation charge is recorded as a contra-asset account on the balance sheet.
(42) The depreciation charge is a way to allocate the asset's cost over its useful life.
(43) The depreciation charge for the company's assets was reviewed and adjusted annually.
(44) The depreciation charge is recognized as an operating expense in the income statement.
(45) The depreciation charge is based on the asset's initial cost and estimated useful life.
(46) The depreciation charge is a non-cash expense that affects the company's profitability.
(47) The depreciation charge is an accounting method to allocate the asset's cost over time.
(48) The depreciation charge for the vehicle was deducted from the company's taxable income.
(49) The depreciation charge is necessary to reflect the asset's diminishing value over time.
(50) The depreciation charge for the machinery was calculated using the straight-line method.
Depreciation Charge sentence examples
(51) The depreciation charge is an important factor in determining the asset's net book value.
(52) The depreciation charge for the building was adjusted based on its estimated useful life.
(53) The depreciation charge for the company's software was amortized over a five-year period.
(54) The depreciation charge for the furniture was calculated based on a ten-year useful life.
(55) The depreciation charge for the vehicle was adjusted to reflect its current market value.
(56) The company's financial statements showed a significant depreciation charge for the year.
(57) The depreciation charge for the computer software was amortized over a three-year period.
(58) The annual depreciation charge for the software was adjusted to account for obsolescence.
(59) The company's depreciation charge increased due to the addition of a new production line.
(60) The annual depreciation charge for the equipment was based on its estimated salvage value.
Sentence with depreciation charge
(61) The depreciation charge for the vehicle was reduced after conducting a thorough inspection.
(62) The company's financial statement discloses the depreciation charge for each asset category.
(63) The depreciation charge for the equipment was reduced after a revaluation of its fair value.
(64) The depreciation charge for the furniture was recalculated to reflect its current condition.
(65) The company's financial statements included a detailed breakdown of the depreciation charge.
(66) The depreciation charge for the company's buildings was adjusted based on their market value.
(67) The depreciation charge is an estimate of the asset's value consumed during a specific period.
(68) The depreciation charge is an important factor in determining the asset's net realizable value.
(69) The depreciation charge for the company's assets was calculated using the straight-line method.
(70) The annual depreciation charge for the company's assets was reviewed by an independent auditor.
Use depreciation charge in a sentence
(71) The depreciation charge for the company's inventory was not included in the financial statements.
(72) The depreciation charge for the company's intangible assets was allocated over a ten-year period.
(73) The depreciation charge for the company's vehicles was higher due to increased maintenance costs.
(74) The company's depreciation charge was higher than expected due to changes in accounting policies.
(75) The depreciation charge for the company's vehicles was higher than expected due to increased usage.
(76) The depreciation charge for the company's assets was allocated based on their estimated useful lives.
(77) The depreciation charge for the building was higher than expected due to increased maintenance costs.
(78) The depreciation charge is an accounting concept that helps in assessing the true cost of using an asset.
(79) The depreciation charge is recognized as an expense to match the asset's cost with the revenue it generates.
(80) The depreciation charge for the company's equipment was reduced after a thorough assessment of its condition.
(81) The company's depreciation charge was allocated to different cost centers based on their usage of the assets.
(82) The depreciation charge for the computer equipment was higher than anticipated due to technological advancements.
(83) The depreciation charge for the company's leasehold improvements was adjusted based on their remaining useful life.
Depreciation Charge meaning
Depreciation charge is a term commonly used in accounting and finance to refer to the allocation of the cost of an asset over its useful life. It represents the reduction in value of an asset due to wear and tear, obsolescence, or other factors. Understanding how to use the phrase "depreciation charge" in a sentence can be beneficial for individuals working in the field of finance, as well as those who are interested in learning more about accounting concepts. Here are some tips on how to use this exact phrase effectively:
1. Define the term: When introducing the phrase "depreciation charge" in a sentence, it is essential to provide a brief explanation of what it means.
For example, "The depreciation charge is the systematic allocation of an asset's cost over its useful life."
2. Contextualize the phrase: To make the sentence more meaningful, it is crucial to provide context by mentioning the specific asset or assets being depreciated. For instance, "The depreciation charge for the company's machinery and equipment was $50,000 for the fiscal year."
3. Specify the period: It is helpful to mention the time frame or accounting period for which the depreciation charge is being discussed. This adds clarity and allows the reader to understand the relevance of the information.
For example, "The depreciation charge for the first quarter of 2022 was higher than expected due to increased usage of the company's vehicles."
4. Highlight the impact: When using the phrase "depreciation charge" in a sentence, it can be beneficial to emphasize the effect it has on financial statements or profitability. This helps to convey the significance of the concept. For instance, "The depreciation charge resulted in a decrease in the company's net income for the year."
5. Compare and analyze: To provide a deeper understanding of the depreciation charge, it can be useful to compare it with previous periods or benchmark it against industry standards. This allows for a more comprehensive analysis of the financial performance.
For example, "The depreciation charge for this year was 10% higher than the previous year, indicating a higher level of asset utilization."
6. Discuss the method: There are various methods of calculating depreciation, such as straight-line, declining balance, or units of production. When using the phrase "depreciation charge" in a sentence, it can be informative to mention the specific method being employed. For instance, "The depreciation charge for the building was calculated using the straight-line method over a period of 30 years."
7. Consider tax implications: Depreciation charges can have tax benefits, as they are often deductible expenses. When discussing the phrase "depreciation charge" in a sentence, it can be relevant to mention the impact on tax liabilities or benefits.
For example, "The higher depreciation charge allowed the company to reduce its taxable income and lower its tax liability."
8. Relate to financial statements: The depreciation charge directly affects the balance sheet and income statement. When using the phrase in a sentence, it can be helpful to mention the specific financial statement being impacted. For instance, "The depreciation charge is recorded as an expense on the income statement and reduces the value of the asset on the balance sheet."
9. Highlight the importance of accurate estimation: Estimating the useful life and salvage value of an asset is crucial in determining the depreciation charge. When using the phrase in a sentence, it can be valuable to emphasize the significance of accurate estimation.
For example, "The company's management team conducted a thorough analysis to ensure the depreciation charge accurately reflected the asset's expected useful life."
10. Connect to financial decision-making: The depreciation charge plays a vital role in financial decision-making, such as determining the optimal time to replace or upgrade assets. When using the phrase in a sentence, it can be insightful to mention the impact on investment decisions. For instance, "The depreciation charge influenced the company's decision to replace its outdated machinery with more efficient equipment."
In conclusion, effectively using the phrase "depreciation charge" in a sentence requires providing a clear definition, contextualizing the phrase, specifying the period, highlighting the impact, comparing and analyzing, discussing the method, considering tax implications, relating to financial statements, emphasizing accurate estimation, and connecting to financial decision-making. By following these tips, individuals can enhance their understanding and communication of this accounting concept.
The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Depreciation Charge. They do not represent the opinions of TranslateEN.com.