Introduction

BCRI’s Depreciation Tables for general plant and equipment reflect the reality of today’s technology and markets. They capture the loss in economic value due to physical deterioration, functional and technological obsolescence, and other forms of external obsolescence impacting these assets. The remainder of this document provides a brief description of general plant accounts. A listing of the plant accounts in this family of tables is provided in Table 1. This year several motor vehicle accounts were added: Automobiles, Light Trucks, Heavy Trucks and Special Purpose Vehicles.

Table  SEQ Table \* ARABIC 1

BCRI’s General Plant Depreciation Tables

Furniture                                                                                                    4316

This plant accounts includes all types of office furniture.

Furniture, Fixtures, & Office Support Equipment                            4315

This plant account represents a composite furniture, fixtures and all types of office support equipment typically found at most businesses.

Office Support Equipment                                                                     4320

This plant account is a composite of all types of office support equipment typically found at most businesses.

Office Support Equipment: Telephone Sets & Devices                 4321

This plant account includes telephone sets and related telephone equipment and devices.

Display Furnishings & Fixtures Retail                                               4365

This plant account represents display furnishings & fixtures at retail department stores. It includes shelving, racks, cabinets, and similar equipment.

Point Of Sale Equipment                                                                       4325

This plant account includes all types of check-out equipment typically found at retail establishments.

Billboards                                                                                                  4503

This plant account represents a composite of all types of Billboards. It does not include signs.

Signs (Excluding Billboards)                                                                4524

This plant account includes all types of business signs, excluding billboards. Consideration should be given to classifying large exterior signs as billboards.

General Construction Equipment                                                       4115

This plant account is a composite of all equipment for all types of construction companies.

Hotel Motel Furnishings & Equipment                                               4175

This plant account is a composite of all types of hotel and motel furnishing and equipment.

Medical Equipment                                                                                  4295

This plant account is a composite of all types of equipment typically found at a hospital, doctor’s office, or clinic.

Motor Vehicles – Passenger Cars                                                         412

This account includes all passenger cars and vans.

Motor Vehicles – Light Trucks                                                               413

This account includes vans and light trucks whose primary purpose is not the transportation of passengers.

Motor Vehicles – Heavy Trucks                                                             415

This account includes large vans and heavy trucks whose primary purpose is not the transportation of passengers.

Special Purpose Vehicles                                                                        416

This account includes other motorized vehicles not better classified using one of the Motor Vehicle accounts that is intended for specialized use. This would include skiffs, boats, golf carts, fork lifts, small trackers, etc.

Trailers                                                                                                         558

This plant account includes non-motorized trailers or containers designed to be attached to motorized vehicles.

Tools & Other Work Equipment                                                           5462

This plant account includes tools and other work equipment typically found in a shop or garage.

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