Video Link: https://youtu.be/v7NdvqtrrrA
📢 Dive deep into Depreciation Accounting with this comprehensive lecture! Learn how to:
✅ Compute the total cost of an asset 💰
✅ Calculate depreciation using the straight-line method 📉
✅ Record journal entries for purchase, capital & revenue expenditures, and depreciation 📝
✅ Prepare general ledger accounts for depreciation expense, cost of the machine, and accumulated depreciation 📚
✅ Create a partial balance sheet showing asset cost & accumulated depreciation 📊 ✅ Understand disposal of non-current assets, compute gain/loss on sale, and record it in the journal
💼 Perfect for students & professionals looking to strengthen their accounting skills! 🎯
Exercise Files