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123,295 Views âą Apr 14, 2020 âą Click to toggle off description
In this video you'll learn how to use the Double Declining Balance Depreciation Method in Accounting. This an accelerated variable depreciation technique. Others depreciation methods include...
âȘ Straight Line Depreciation Method â    âąÂ STRAIGHT LINE Method of Depreciation ... Â
âȘ Double-Declining Balance Method â    âąÂ DOUBLE DECLINING BALANCE Method of De... Â
âȘ Sum of the Year's Digits Method â    âąÂ SUM OF THE YEAR'S DIGITS Method of De... Â
âȘ Units of Production Method â    âąÂ UNITS OF PRODUCTION Method of Depreci... Â
You'll find out what depreciation means and how it applies to Non-Current Assets like a Laptop. Then we'll cover a full worked example where you'll learn how to apply the Double Declining Method in three simple steps. This episode of Accounting Stuff is part of a mini-series on Depreciation in Accounting. You can find the link to the whole playlist here âŹïž
đFull Depreciation Playlist â    âąÂ How to Calculate DEPRECIATION (Mini-S... Â
đŽSubscribe for more Accounting Tutorials â geni.us/subtothechannel
â±ïžTIMESTAMPS
00:00 - Intro
00:10 - What is Depreciation?
00:21 - What is the Double Declining Balance Method?
00:34 - Example
01:07 - Step 1: Write Down What You Know
01:35 - Step 2: Build a Depreciation Schedule
01:59 - Step 3: Calculate the Depreciation Expense, Accumulated Depreciation & Book Values
02:51 - How to Calculate Double Declining Depreciation Expense
05:15 - Double Declining Balance Depreciation Graph
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âȘ The Full Playlist â    âąÂ ACCOUNTING BASICS for Beginners (Whol... Â
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#accounting #accountingbasics #accountingstuff
Views : 123,295
Genre: Education
Date of upload: Apr 14, 2020 ^^
Rating : 4.959 (26/2,501 LTDR)
RYD date created : 2022-01-25T06:14:44.300589Z
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YouTube Comments - 164 Comments
Top Comments of this video!! :3
McGrew-Hill Connect can pound sand. Figured out the question just from 3 mins of this vid vs 30 mins trying to understand what they put.This guy is where its at
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I don't know how to say thank you. Thanks to your videos, I got 98% in my first and second exams. I watched them all, and they helped me tremendously. You are one of the best teachers.
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2 videos in a week,,, James you are on fiređ„đ„
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You seem so motivated to make great YouTube video! I bet that burst of motivation come from spending years behind a office desk and just having enough. xD
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So close to finishing! Thank you for another great video!
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Great video!! I love the way you explain concepts using a story!! Thank youâșïž
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James, CONGRATULATIONS!!! You are an excellent teacher, fun and very professional. Thanks for sharing. May GOD bless you !!!
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Really appreciate all your videos!
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Thanks to your video I figured out what I was doing wrong for my double declining balance! Thank you!!!!đ
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Hi James, I've been following all of your accounting videos lately and I'm proud to say that I'm learning a lot by the way what will happen to residue value?.
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James can I just say...you are bloody amazing! thankyou thankyou thankyou
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love your videos, really explain it nicely
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putting me through accounting class thank you!
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Youâre a life saver!!! my homework is due in 2 hoursđ
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Hi James, is this the same thing or similar to the Reducing Balance method? Or is it completely separate?
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As usual, great video and easy to understand explanations! Great work!
How about a video on "Impairment Assessment" or "Impairment Testing" ?
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Mate! This was Excellent! so simple and easy to comprehend
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Congrats! Another amazing video. Was wondering, if you have to calculate depreciation via this method for 3 months for instance, then how would you do that?
Iâve been trying to do this, have an exam tomorrow, and itâs not working out.
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Apologies if this is a bad question to ask but what assets of the company should this method be used for?
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@AccountingStuff
4 years ago
Please let me know if you have any topic suggestions :) TIMESTAMPS 00:00 - Intro 00:10 - What is Depreciation? 00:21 - What is the Double Declining Balance Method? 00:34 - Example 01:07 - Step 1: Write Down What You Know 01:35 - Step 2: Build a Depreciation Schedule 01:59 - Step 3: Calculate the Depreciation Expense, Accumulated Depreciation & Book Values 02:51 - How to Calculate Double Declining Depreciation Expense 05:15 - Double Declining Balance Depreciation Graph
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