FA 38 - Double Declining Balance Depreciation Example

Module 8 examines the depreciation of capital assets. We learn to compute straight-line, units of production, and double declining balance depreciation. We also learn to sell assets at a gain or loss.

[Kyperium]

My professor is useless when it comes to teaching. Your vidoes are the only reason I'm passing my accounting class

[hameddadras]

Thanks a lot for the great content. I'm a senior software engineer and recently started working on the Accounting Module of an ERP solution, which is offered by a software enterprise. I can say your videos made it really convenient for me to learn and understand the accounting principles as someone, who doesn't have any background about it. Needless to say, I shared your videos with a lot of my colleagues and friends. Thanks a zillion!

[teeyoo]

This is the most helpful accounting professor on Youtube. :)

[NahomMakabazgi]

I always watch your videos after my classes and it's helpful. Thank you so much!

[elish.]

Appreciate the stories u tell about canada, i am going to study finance in vancouver so it is so helpful😉

[enchantress]

Thank you so much I have a test today and it helped me alot ♥️

[roseb.]

Thank you, i watched your videos before my exams and i did well.
I appp

[Load]

Excellent videos Tony!! Much appreciated of you...

[asap_n]

"how many times my butt hit the seat" hahaha 11:30

[ZarlashtMiakhail]

Excellent explanation. You are a lifesaver!

[pubgmobileclashroyale]

Hello Tony, you said that companies can manipulate the expenses to get lower income tax, what if company decides to use Units of Production method to manipulate income tax? What government will do? Also, there is estimated 100, 000 km for 5 year, what if car goes like 150, 000 or less than 100, 000 km? What about faking operating expenses to get less income tax?

[LenaSlavova]

Tony, why do we put a 1 at the front, like where did the fraction 1/5 come from? I get it's five years but why the 1 is there?

[joezef]

can you please please please please do the sum of years digit method. I tried other YouTubers, its even hard to watch them, once you go tony you never go back

[juancorzo]

Love your work man ! Btw - You should have the pattern for the butt plugging method of depreciation !

[haileygant]

haha love the butt hits on the chair analogy! hahaha

[sellllmore]

What about Reducing‐Balance depreciation. I read about in Accounting for Dummies. The book is a bit old, is the method still actual?

[Mjnba]

my dad is convincing me to buy a tesla instead of a camry. I want to buy camry because it will give me more usage for my money. I want to prove to him that but I don't know how to bring out the calculation to him that includes everything cost of gas and tax deduction. Can anyone give their opinons?

[syedsaeed]

Sorry to say that the clips are too short.. that's quite annoying. Half an hour should be the minimum duration for one clip