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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#accounting #igcse #bookkeeping #olevels #accountingconcepts #depreciation #doubleentrysystem #edexcel #straightlinemethod
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Wow I love the video we need more madam

DjotaneBilly
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Am I correct if I say that the value to sell the vehicle A is for the monthly basis question ?

hrithakim
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I have calculated and my answer is 158000 for 160000-10000/5

DjotaneBilly
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Wait in case one how did u get 30, 000 then 90, 000 then 12, 000 how ?😮😮

UmarAbuthaher-ypsr
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And I don't understand how you get 30000, 60000, 90000, 120000

DjotaneBilly