How to Calculate Straight Line Depreciation Method

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Hey Students! In this lesson today, I teach you how to calculate straight-line depreciation method. Using fun graphics and animations, learn what depreciation expense is, residual value, and the exact formula you need to really understand straight line depreciation. Why do things the hard way? Learn Accounting the Easy Way!

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Comment Below if you have any questions!

[alliecat]

You have been such a lifesaver. I’m taking an accounting class and I was so lost until I found this channel. Your explanations make a lot more sense than the book.

[edmarzamora]

I am an Agriculture student Major in Agricultural Economics and my report is Depreciation Method. Thank you for this informative information❤️

[generalmedia]

Thank you sir your lesson is simple to understand

[toyosia]

Thanks so much for this. I changed my degree from accounting and finance to law and business management. Still doing a lot of accounting though

[nasraken]

Omg made it so simple this man doin Gods work !

[razir.]

thankyou! i'll ace my FFA for sure now

[Bakugolil]

Thanks for breaking this down and your extremely useful depreciation cheatsheet!

[elishamahabir]

thank you so much this was very helpful

[daniyal.to.zahidahmed]

AoA sir your video was very interesting and helpful.

[salmasultani]

Thank you so much sir your teaching is very easy to understand love you God give you a lot of more knowledge

[カーンアリ-pr]

Really appreciated work keep it up teacher

[lourdescordova]

Where do you get the salvage 8000 from asset

[krisztianmurzsa]

That was beautifully done by a beautiful man. Thank you sir!

[Koketso_T]

When given tax rate, how will we calculate the proceeds of a company?

[johns]

Play video at 1.5 speed. You're welcome.

[kgotsomatlapeng]

does this apply for Project cost management and accounting?

[Bilal-ouci]

The people who asked about the salvage value.
Salvage value or residual value is expected value at the end of the period, or "last prise".

[Euricodacostaurahou]

If the equipment was depreciated and the salvage value is zero? How do we record the equipment?

[manikatareen]

Tnx i was doing ppr and didnt know how to 30 marks was that i have done with ur this video

[QuikScoper]

I did this but I somehow still got the first and last year wrong? Im so confused. Shouldn't they all be the same number?