Demo company

Electric forklift FA-1014 Sample

Machinery and equipment · Distribution warehouse, Warehouse floor · Operations. Placed in service Nov 3, 2025, from Valley Lift Trucks.

Notes: Acquired by trading in FA-1013 (trade-in value 9,500 plus 36,500 cash). Depreciated by hours used (hour meter read at each month end).
Cost at Sep 30, 2026
46,000.00
Method
Units of production
Hours used
1,671 of 12,000
Salvage value
4,000.00
Accumulated at Sep 30, 2026
5,848.50
Book value at Sep 30, 2026
40,151.50
Depreciation ends
When the units are used
Asset tagFA-1014
DescriptionElectric forklift
CategoryMachinery and equipment
Sub-category–
SiteDistribution warehouse
LocationWarehouse floor
DepartmentOperations
Purchased fromValley Lift Trucks
Brand–
Model–
Serial no.–
Purchase dateNov 3, 2025
Placed in serviceNov 3, 2025
ConventionFull month (starts the month placed in service)
Warranty expires–