# USACalculation of accumulated depreciation

#### Amel

buildings , july 31, 2021, unadjusted balance 243000 . the company owns a building purchased on Sep 01, 2017. for 243000 with an estimated 30 year useful life. the company uses straight line depreciation . how much is the annual depreciation expense for the building .
How much should the adjusted balance in the accumulated depreciation buildings account be at Jul 31, 2021.
-how should the adjusted balance in the accumulated depreciation buildings account be at July 31, 2021? My answer was \$40 500.00 ( calculated. The accumulated depreciation amount from 2017 to 2021) but it wasn’t right

-How much should the adjusted balance in the accumulated depreciation- buildings account be at July 31, 2021 ? My answer was \$48 600. 00 . Again this wasn’t right .

#### DrStrangeLove

VIP Member
This problem is a lot easier if you work in months rather than in whole years. When you're calculating the accumulated depreciation amount, note that the time period you're depreciating for isn't a whole number of years (from 9/1/2017 and 7/31/2021), but it is a whole number of months.