💥Depreciation Cheat Sheet → [ Ссылка ]

In this video you'll learn how Depreciation works in Accounting. We'll work through a Straight Line Depreciation example and explore the Journal Entries that need to be posted. 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 ]

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
00:29 - What is Depreciation?
01:09 - Why do we Depreciate?
01:11 - Accrual Method of Accounting
01:43 - Adjusting Entries Definition
02:03 - How does Depreciation work?
02:21 - Capitalization Definition
02:43 - Depreciation Methods
03:39 - Depreciation Schedule
04:01 - How to record Depreciation using Journal Entries
04:05 - Journal Entry Definition
04:11 - DEALER (Accounting Acronym)
04:43 - How to Capitalize an Asset
06:28 - How to Record a Depreciation Expense using Journal Entries
08:03 - Contra Asset Definition
10:36 - Clearing Journal Entry

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

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