Accounting for IGCSE - Video 25 - Depreciation on Non-current assets - meaning and calculation

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The entire syllabus for IGCSE will be covered through this video series and students can revise using these videos for the forthcoming examination.

Understand the difference between Capital and Revenue expenditure -

All topics ranging from the basic concepts of accounting to the day books and cash books, bank reconciliation, control accounts, year-end adjustments, financial statements of sole traders, partnerships, limited companies and non-profit organisations, correction of errors and interpretation and analysis using accounting ratios will be covered.

If you wish to give any feedback or have any doubts, feel free to get in touch through Whatsapp on +971565325863 or through email.
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U have no idea how much your videos are boosting my grades, thanks 🤗

Claudiaaaaaaaaaaaaaaaaa
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Your videos are really straight forward and clear, much much better than my school teacher ❤️

ahmedalrafi
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My exams are coming up in a few days and i just found this channel. i had 4 different teachers and none of them taught me like this. i really wish i had already known such a teacher like you exists. You literally made everything a piece of cake for me. Thank you sooo

nemie_r
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Damn!!! I am actually impressed on how these videos give such a clear explanation and make these difficult topics sooo easy

SenithaBatepola
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Thnku sir ur methods are pretty straight forward … I was having difficulty in understanding depreciation but now it’s clear

Anonymous-dwqp
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hey sir, thankyou so much for these videos, it's quite helpful.
please keep making related videos. i love how u teach, it's very easy to understand.

sugomadicc
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Your doing a great job man. Keep it up

memelikelime
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Thank you soo much literally watching all of your videos before my Accounting IG tomorrow😳

roxy
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awesome well explained seeing you speak on the vid helped too thank you

aaglobalfx
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After these videos I really went up from a D to an A

AdanOxford
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Good explanation with examples
Thank u for this video

ziyeditz
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Suggestion:Do some 20 mins videos on only past papers for each video

zulaihazurfick
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most paper don't tell which situation we should consider when using depreciation whether to consider date or not, then how I am suppose to decide?

ashleymoody
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Keep on making videos and try to expand your channel with igcse maths as well.

zulaihazurfick
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But in the first year the net book value is always the cost of the asset which is 6000

quibexe
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Hello sir, doesn't depreciation also follow consitancy principle as a business with have to stay consistent with the method theyuse

ZyphRoX_
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sir in the minute 24:45 depreciation in situation 1 depreciation year 2 it has increased not decreased

nesreenkassab
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Hey!

In 25:15 since it's reducing balance method why didn't we use the formula Cost x NBV x 8/12 but i think you used the straight line method concept here. Mind clearing my doubt?

kaine
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sir what is the nature of disposal in terms of aed lic
and a simple journal entry question too ((if a business pays the rent from its bank ACC, its bank ACC cr rent ACC dr but rent is an expense and on paying it, it decreases so why isn't rent ACC cr ?))

kalashsapkota
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sir i have my exams in nearly 6 days, please provide the links for all as level videos, i'm having really bad condition with accounts right now

hitakshihemani