💥Depreciation Cheat Sheet → [ Ссылка ]

In this video you'll learn how to use the Straight Line Depreciation Method in Accounting. This is the simplest way to depreciate Tangible Fixed Assets. Others depreciation methods include...

▪ Straight Line Depreciation Method → [ Ссылка ]
▪ Double-Declining Balance Method → [ Ссылка ]
▪ Sum of the Year's Digits Method → [ Ссылка ]
▪ Units of Production Method → [ Ссылка ]

You'll find out what depreciation means and how it applies to Non-Current Assets on a farm. Then we'll cover a full worked example where you'll learn how to apply the Straight Line Method in three simple steps. This episode of Accounting Stuff is part of a mini-series on Depreciation in Accounting. You can find the link to the whole playlist here ⬇️

🔗Full Depreciation Playlist → [ Ссылка ]

🔴Subscribe for more Accounting Tutorials → [ Ссылка ]

⏱️TIMESTAMPS
00:00 - Intro
00:11 - What is Depreciation?
00:22 - What is Straight Line Depreciation?
00:35 - Example
01:20 - Step 1: Write Down What You Know
01:46 - Step 2: Build a Depreciation Schedule
02:34 - Step 3: Calculate the Depreciation Expense, Accumulated Depreciation & Book Values
03:13 - How to Calculate Straight Line Depreciation Expense
05:52 - Straight Line Depreciation Graph

🔝 CLOUD ACCOUNTING SOFTWARE
▪ XERO (Free Trial / Discount) → [ Ссылка ]
▪ QuickBooks Online USA (Free Trial / Discount) → [ Ссылка ]
▪ QuickBooks Online Canada (Free Trial / Discount) → [ Ссылка ]

🔎FAQ
▪ My Favourite Accounting Book for Beginners → [ Ссылка ]

🚶FOLLOW ME ON
▪ Instagram → [ Ссылка ]
▪ TikTok → [ Ссылка ]
▪ Facebook → [ Ссылка ]

🎬LEARN ACCOUNTING BASICS FOR FREE
▪ The Full Playlist → [ Ссылка ]
________________________
DISCLAIMER

Some of the links above are affiliate links, where I earn a small commission if you click on the link and purchase an item. You are not obligated to do so, but it does help fund these videos in hopes of bringing value to you!
________________________

#accounting #accountingbasics #accountingstuff

свернуть