You can make your own: To make buttermilk, use 1 cup milk and 1 tablespoon lemon juice or white vinegar. Allow it to sit for a few minutes. If you do purchase buttermilk and have extra, freeze it in 1 cup containers or in Ziplock bags. You can also purchase powdered buttermilk in grocery stores.
Straight-line depreciation allows an equal portion of the laptop's cost to be claimed in each year over the total depreciation period. If the cost of the computer was $1,000, for example, then $200 a year can be included in the company's total depreciation amount each year for five years.
First, a quick review of few fundamental rules which havenât changed: 1  Residential buildings (dwellings, apartment buildings, condominiums, and co-op apartments) must be depreciated over 27.5 years. 2  However, the land isnât depreciable. 3  Furnishings may be depreciated over 5 years.