On average, cost of basic single coat of paint application on walls and ceiling in one 150 ft 2 bedroom vary from $125 to $165 excluding paint expenses and actual prices will be determined by a number of factors.
Subtract the salvage value, if any, to find the depreciable value. 3. Divide the depreciable value by the asset's life, or term of years that the asset will be kept and useful. 1  The result is the amount of annual depreciation for that asset. 2  It will be accrued each year over the life of the asset.
Decide to depreciate or amortize. Allocate the costs of fixed assets over their estimated useful life by using depreciation or amortization methods. Depreciation is the loss or decrease in value of tangible assets while amortization measures the decline in value of intangible assets over a period of time.