Income statements with adjustments | The Provision for Depreciation | CSEC PoA

This video shows how to prepare income statements with adjustments for the provision for depreciation.

Examples for both the straight-line method and the reducing balance method are shown and one example with both methods is included.

This is the third video in a series on how to prepare income statements with adjustments.

Please use the links below to view the other videos:

How to prepare a trading account

Income statement with adjustments for accruals and prepayments

Income statement with adjustments for the provision for bad debts

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I will make a video dealing with the provision for depreciation itself and post the link here.

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