STRAIGHT LINE Method of Depreciation in 3 Steps!

In this video you'll learn how to use the Straight Line Depreciation Method in Accounting. This is the simplest way to depreciate Tangible Fixed Assets. Others depreciation methods include...

You'll find out what depreciation means and how it applies to Non-Current Assets on a farm. Then we'll cover a full worked example where you'll learn how to apply the Straight Line Method in three simple steps. This episode of Accounting Stuff is part of a mini-series on Depreciation in Accounting. You can find the link to the whole playlist here ⬇️

⏱️TIMESTAMPS
00:00 - Intro
00:11 - What is Depreciation?
00:22 - What is Straight Line Depreciation?
00:35 - Example
01:20 - Step 1: Write Down What You Know
01:46 - Step 2: Build a Depreciation Schedule
02:34 - Step 3: Calculate the Depreciation Expense, Accumulated Depreciation & Book Values
03:13 - How to Calculate Straight Line Depreciation Expense
05:52 - Straight Line Depreciation Graph

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#accounting #accountingbasics #accountingstuff

[AccountingStuff]

Hope you found this one useful!

TIMESTAMPS
00:00 - Intro
00:11 - What is Depreciation?
00:22 - What is Straight Line Depreciation?
00:35 - Example
01:20 - Step 1: Write Down What You Know
01:46 - Step 2: Build a Depreciation Schedule
02:34 - Step 3: Calculate the Depreciation Expense, Accumulated Depreciation & Book Values
03:13 - How to Calculate Straight Line Depreciation Expense
05:52 - Straight Line Depreciation Graph

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[leninvale]

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[_pingu]

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[thienuzumakiclan]

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