Learn the fundamentals of depreciation in accounting through a comprehensive tutorial covering various methods and practical applications. Explore straight-line, diminishing balance, annuity, and sinking fund methods of depreciation. Tackle real-world problems, including scenarios with multiple assets, purchase and sale proceeds, and method changes. Gain insights into examination-oriented questions and understand the concepts of provision and reserves in depreciation accounting.
Overview
Syllabus
1. Depreciation Introduction.
2. Depreciation - Straight Line Method Introduction & Small Problems.
3. Depreciation - Straight Line Method - When 2 Assets Purchased.
4. Depreciation - Straight Line Method - Purchase & Sale Proceeds of An Asset.
5. Depreciation - Straight Line Method -Essay Problem Exam Point Of View.
6. Depreciation - Introduction of Diminishing Balance Method.
7. Depreciation Diminishing Balance Method - When Two Assets Are Given.
8. Depreciation - Diminishing Balance Method - Examination Point of View – Problem NO - 1.
9. Depreciation - Diminishing Balance Method - Sale Proceeds of an Asset.
10. Depreciation - Diminishing Balance Method - With lot of Adjustments.
11. Depreciation - Change of Depreciation Method.
12. Depreciation - Annuity Method - Problem: No - 1.
13. Depreciation - Annuity Method - Problem: No - 2.
15. Depreciation - Provision & Reserves.
14. Depreciation - Sinking Fund Method.
Taught by
Devika's Commerce & Management Academy
