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O level/ IGCSE: Straight line method of depreciation
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Straight line method also called equal instalment method has an equal depreciation expense every year.
Important formulas:
(Cost - Scrap value)/ useful life
Cost x percentage
Try it out:
Link to the worksheet:
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03312273562 (Pakistan)
00923312273562 (international)
#accounting #igcse #bookkeeping #olevels #accountingconcepts #depreciation #doubleentrysystem #edexcel #straightlinemethod
Important formulas:
(Cost - Scrap value)/ useful life
Cost x percentage
Try it out:
Link to the worksheet:
Please don’t forget to like my video and subscribe to my YouTube channel.
Find me on instagram:
For online classes (paid) drop me a message over WhatsApp:
03312273562 (Pakistan)
00923312273562 (international)
#accounting #igcse #bookkeeping #olevels #accountingconcepts #depreciation #doubleentrysystem #edexcel #straightlinemethod
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