#2 Depreciation - Straight Line Method - Problem 1- By Saheb Academy

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Here I have explained the Straight Line Method of Depreciation in a simple way with a practical example.

I have also solved Illustration 1 of the CA Foundation study material.

⏱TIMESTAMPS
00:00 - Recap of Previous Video
03:28 - Reduction in the Value of Asset
07:02 - Concept of Straight Line Method
17:08 - When to start charging Depreciation?
18:22 - Proportionate Depreciation
22:38 - Problem 1 - ICAI Illustration 1

Previous : #1 Depreciation - Concept

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#accounting #class11 #cafoundation
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Love You saheb brother...really thankful to you...doing great service to the people....I am 24yr old mom of 2 girl from pakka rural area...can't go out for classes also not economically strong to invest in studies, but ur videos helped me to get my studies back just staying in home...I don't know what I can give u in return but I am sharing you videos with my all friends from accounts background....stay blessed and live long happily with your 👪 family

SelviM-wv
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I m startled to see that this account isn’t getting millions of views. Like, u actually deserve tbh. Btw thnks for sharing ur precious time and information❤️

icantargue
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A big up from Kenya... Clearly illustrated

adhiamboannette
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hats off your dedication of explanation sr

reddaiahreddy
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Sir why don't you start to upload a videos for CA foundation math too?...It will be really going to be a boom one to us

pmuralidharan
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Thank you for best teaching.I was able understand.

TeresaHembrom-yyyf
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Hello sir, I am really into this topic and I really like the way you are explaining and teaching.. Sir can you help me with this question as I am really getting tough to A company has a delivery truck costing Nu. 41, 000 with a 4 years
useful life and Nu. 1, 000 salvage value. The company undertakes a
major overhaul costing Nu. 7, 000 at the start of the year 3.
Company depreciated the truck using SLM method during the first 2
years. The overhauling is expected to increase the life of the asset
from 4 to 5 years.
Required:
Prepare a revised depreciation schedule after overhauling the truck.

sonamchoden
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One of the finest lecturer for accounts❤❤❤❤❤❤❤❤

MaruthiMaruthi-xofb
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thank you so much sir i am a 11th grade student and i was confused by seeing textbook but with your help i understood

heli
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thank you so much for sharing such useful videos

hajrafarooq
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Are we supposed to divide cost by useful life if the residual value is not given?

Sheezah_Ali
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Bro you saved me . Tomorrow is my accounting exam 😅

whoamI-lpro
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Please teach us account current, average due date🙏🥺

keerthikiki..
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Please make videos on Full purchase process and Sales process

From start to end like purchase order, GRN with practical examples sir

ppavankalyan
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excellent video, thank you so much for this video

bangalore_mehandi_artist_sneha
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Sir could please make a explain about machine hour rate method .

wincydharsh
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Sir u r explaining great
But try to explain in hindi so that we can catch ur points easily

allrounder
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Sir
How to solve provisions for depreciation?
Can you solve one math please sir
It would be a big help 🙂

azfarimran
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Thank you so much sir for this. You explain it so beautifully.

sonakiasha
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6:14 what about agricultural land, after multiple crops you have to redevelop it

kapilsharma