Declining Balance Depreciation - Learn the Easy Way
HTML-код
- Опубликовано: 18 сен 2024
- 🔥Accelerate Your Grades with the Accounting Student Accelerator! - 85% OFF
Financial Accounting Accelerator 👉 bit.ly/fin-acct...
Managerial Accounting Accelerator 👉 bit.ly/aua-mgr
Want to master financial statements? Check out the Full Course Below:
www.udemy.com/...
🔥DOWNLOAD YOUR FREE DEPRECIATION CHEAT SHEET 👉 bit.ly/deprecia...
*********************************************************************
Declining Balance Depreciation is an accelerated form of depreciation. The Fixed Asset is depreciated a bunch in earlier years and less in later years. This method is a little more tricky than straight line method. Don’t worry! I'll teach you how to master declining balance depreciation through a comprehensive example where we'll cover:
-Various Costs included in the Asset
-How to Calculate Depreciation Expense (Declining Balance Method)!
-How to Calculate Book Value!
********************************************************************
Want to Learn how to Read Financial Statements?
Check out my course:
www.udemy.com/...
********************************************************************
********************************************************************
SUBSCRIBE SO YOU CAN MASTER ACCOUNTING!
/ @accountinguniv
WANT TO LEARN MORE? CONNECT WITH ME BELOW:
********************************************************************
FACEBOOK:
www.facebook.c...
GOOGLE+
plus.google.co...
WEBSITE
accountinguniv....
********************************************************************
Comment Below if you have any questions!
The chart idea is EXCELLENT! You make wayyyyyyyy more sense than my textbook. Thanks a TON for the help!!!!!
This video has helped me get unstuck! One of the best tips that helped me was the last point. I have been trying to include the salvage amount at the beginning!! Look forward to watching more of your videos to help me get through this course work!
The calculation of depreciation-rate and the chart are really helpful. Thank you so much!
Thank You Teacher
Why not use the salvage value ??
Why Salvage value is not use?
Your page is super useful, thanks so much!
Is this also called Written Down Value Method (WDV)? It is a wonderful explanation of the topic. I like it.
Correct, that is another way of saying it. Thanks!
Thanks for your explanation.
This was very very helpful, thank you!! Please do videos for bad debts & doubtful debts!
Wow 😮 u a the best lecture
Thank You!
Really helpful. Can you also help with how to switch from DDB to SL method?
Thanks. Can you show as how to read financial statements
Thank you MUJONYC for your comment! Be on the lookout in July, I'll be posting my FREE COURSE on How to Read Financial Statements!
Easily explained!!
Thanks 4 this
thank you that was a great video. helped alot
very helpful , thanks a lot Phil
Thank youuuu👋
Very helpful
Correct presentation, just that the 10th year BV won't even get near the salvage value of $23,200 as the example given above.
hey bro. doesn't the rate change to 100%/9 for 2013...since the useful has declined by 1 year at the beginning of the year
Why salvage value not used
Salvage value is ignored for double declining balance.
thank you i have get a good know how about Depreciation
salvage value is not part of the calculation for Declining Balance Dep. Salvage Value serves as the guidelines that the BV at the end of the final year should not be less than the Salvage Value. Thus, In the case that the Depreciation for the final 10th year will be lower than the Salvage Value, the Salvage Value will be deducted from the BV of the 9th year. the Difference will serve as the depreciation expense so as not to deviate from the Salvage Value.
The Calculation presented in the video is correct, only problem is the Example given above for the Salvage Value which is not realistic should the student compute the given data up to the 10th year, which may result to confusion.
I think the rate should be k=1-^n√Cn/co....?
Create videos on corporate taxes please