Methods of depreciation
ID:CVMDEP
Video Overview
As many physical assets age, they become subject to the effects of time and wear and tear. We call this loss in value over time, depreciation. In this tutorial we will be discussing the various methods available for establishing the amount of depreciation that should be used to reduce the value of the non-current assets on our balance sheet. In this tutorial we focus on how we can go about calculating the amount of depreciation that should be entered in our accounting records.
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