How to Calculate Depreciation

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Depreciation is an accounting term that refers to allocating the cost of a tangible asset over its useful life. Done for both accounting and tax purposes, several methods of depreciation exist. A common and simple method of depreciating an asset is the straight line depreciation method. In this video we’ll walk through how to calculate depreciation using the straight line method.

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35 Comments

  1. Ram Dhunna on December 22, 2020 at 10:18 pm

    Good Explanation.Thanks

  2. Cameron Hill on December 22, 2020 at 10:19 pm

    Acct midterm soon thanks for the help!

  3. Given Ncapai on December 22, 2020 at 10:20 pm

    THANX A LOT THAT WAS HELPFUL

  4. Carolina Velasco on December 22, 2020 at 10:21 pm

    hola preciosa

  5. Afianna Gift on December 22, 2020 at 10:22 pm

    He starts at 3:21 you’re welcome

  6. John Pitzer on December 22, 2020 at 10:22 pm

    No shit, get to the point

  7. Jonathan Chidiac on December 22, 2020 at 10:25 pm

    Mrs.spell be like

  8. Dethmand on December 22, 2020 at 10:28 pm

    good

  9. Ryan Hudock on December 22, 2020 at 10:31 pm

    the answer is always 673

  10. TheJeraxD on December 22, 2020 at 10:31 pm

    Yes its the same 🙂

  11. Rana Rayya on December 22, 2020 at 10:33 pm

    Who is watching this video in 2019 ..like

  12. Charles Spurgeon on December 22, 2020 at 10:37 pm

    Thanks for your valuable time. It was very helpful to me.

  13. Chika Dim on December 22, 2020 at 10:37 pm

    who determines the salvage value?

  14. Simone Kristine on December 22, 2020 at 10:38 pm

    Very well explained, thank you!

  15. Anjj Alivio on December 22, 2020 at 10:38 pm

    THANK YOUU SOOOOO MUCHH. YOU JUST SAVED MY ASS

  16. Elias Alsher on December 22, 2020 at 10:42 pm

    Very helpful! Thanks. . .

  17. Mathew Ward on December 22, 2020 at 10:43 pm

    and inventory?

  18. David Adjoyi on December 22, 2020 at 10:48 pm

    Very nice! Pls which app/tool did you use?

  19. M G on December 22, 2020 at 10:50 pm

    Thank you for educating me today.

  20. Mathew Ward on December 22, 2020 at 10:53 pm

    What about calculating the deprecitaton of things like store fixtures?

  21. ArabPlayz on December 22, 2020 at 10:59 pm

    u saved my ASSet

  22. Kristofer Ho on December 22, 2020 at 11:00 pm

    My ACCT 205 Survey of Accounting Professor from University of Kansas recommended this video to better understand How to Calculate Depreciation. $$$$$

  23. Glxria X on December 22, 2020 at 11:00 pm

    Y u waffling just go on with it

  24. j Cesaro on December 22, 2020 at 11:02 pm

    Hi could you please give me the equation to solve the following equation?

    An asset, bought for $12300, has a value of $6920 after 5 years. The depreciation rate
    is close to:
    A 10.87% B 16.76% C 18.67% D 21.33%

  25. Ailah Mhae Ojo on December 22, 2020 at 11:02 pm

    Thaaaaankkkkssss!! ❤️

  26. Sayma Rahman on December 22, 2020 at 11:03 pm

    (cost of asset- salvage value )*remaining life/sum years of years ….. sum of years = n(n+1)/2… if remaining life is 6.75 and sum of years is 36…like (212000-12000) * 6.75/36 ok…here i don’t understand how to calculate remaining life 6.75 ……..3/12=0.25….1-0.25=0.75… where did 6 comes from…..
    here is the full question.. equipment for 212000 on octobar 1, 2014. and estimated useful life is 8 years and salvage value of 12000…estimated production 40000 units and estimated working hours are 20000 during 2014, uses the equipment for 525 hours and the equipment produces 1000 units

  27. babsie deswardt on December 22, 2020 at 11:06 pm

    Please make more videos, can you do lecture type videos?

  28. Er P on December 22, 2020 at 11:06 pm

    2:20 **laughs in German

  29. duwaine blake on December 22, 2020 at 11:09 pm

    the answer is A

  30. Chris Brown on December 22, 2020 at 11:10 pm

    Thank you very much, straight forward to the point!

  31. Sunny shah on December 22, 2020 at 11:10 pm

    Thank You Lord

  32. Jade Leishman on December 22, 2020 at 11:11 pm

    Thanks for saving me on my maths exam lol

  33. Nikki Alexis on December 22, 2020 at 11:12 pm

    Oh god you talk a lot, when you can simply cut it short and just get to illustration right away. Like blah blah blah blah then point still not mentioned.

  34. Sange Toni on December 22, 2020 at 11:13 pm

    What if the estimated useful life is in months for example 18 months, how do we calculate it then?

  35. Demetris Moore on December 22, 2020 at 11:17 pm

    Yes,  This is my second time taking Acct 1

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