Straight-line and Balance Reducing Method Tutorial | Depreciation Explained!
Автор: Accounting Celebrity
Загружено: 2021-12-16
Просмотров: 1038
Описание:
In this video you'll learn how to use straight-line and balance reducing depreciation method. This tutorial highlights straight-line and balance reducing method for accounting learners. Here I explained two methods of depreciation account, straight-line method and balance reducing method. I also discussed types, formula and calculation method of depreciation in accounting terms. So, you will learn what is depreciation, and how does it work. I made calculating depreciation easy here. This depreciation simple explanation is helpful for beginners. I showed an example question to explain straight line method and reducing balance method for your better understanding. This is a basic tutorial.
This is a very common question in almost all Accounting Curriculums, for example, Cambridge IGCSE, O Level, As Level, A Levels, IB, CBSE, GCE, Edexcel, and other National and International Accounting Syllabuses. Accounting Celebrity features accounting lessons for High School and College students which is a convenient way to learn Accounting with VIDEO LESSONS.
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This question is taken from Cambridge A-Levels Accounting (9706) Past Paper (F/M 2017, Paper 22, Question Number-03)
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TIMESTAMPS--
00:00 Intro
00:35 Question description
02:53 straight-line method
06:16 reducing balance method
13:15 Total depreciation
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