Course Content
Introduction to Financial Accounting
0/1
Basic Terms of Financial Accounting
0/1
Rules of Debit & Credit and Analysis of Transaction
0/1
Practice for Financial Statements(Both Trading and Servicing Businesses)
In this, I have uploaded 2 videos in which I have taught how to prepare income statement, balance sheet and closing entries without making adjusted trial balance.Then I have uploaded some practice for you and I will update this list in the future too BECAUSE THE MOST IMPORTANT SECTION OF FFA IS ACCOUNTING CYCLE.
0/2
Accounting for Sales Tax
0/1
Fundamentals of Financial Accounting
About Lesson

Video Link: https://youtu.be/DxIIyMPd_ds

Depreciation Calculation: Reducing Balance & Sum of the Years’ Digits Methods Explained

In this video, we focus on two essential methods of depreciation calculation that are widely used in accounting and asset management. Here’s what you’ll learn:

  1. Reducing Balance Method: A step-by-step guide to computing depreciation using the reducing balance (diminishing balance) method.
  2. Sum of the Years’ Digits Method: Detailed explanation of how to apply this accelerated depreciation method with clear examples.

What You’ll Gain:

  • A solid understanding of these advanced depreciation methods.
  • Practical examples to help you compute depreciation for real-world scenarios.
  • Insights into when and why to use these methods in financial accounting.

📚 Perfect for students, professionals, and anyone looking to strengthen their accounting knowledge.
🔔 Don’t forget to like, comment, and subscribe for more in-depth accounting tutorials!

Exercise Files
Qno3-DBM & SYD.pdf
Size: 161.20 KB
Practice-SYD Method.pdf
Size: 112.66 KB