Units of Production Depreciation
Jennifer edwards Units of Production Depreciation The units of production method of depreciation calculate depreciation by using the concept that the depreciation expense of fixed asset is directly proportional to the usage…
Sum of Year‘s Digit Depreciation Method
This is the method of calculating the acceleration of depreciation that means that how fast an asset is being depreciated. With the help of this method most of the depreciation…
Unit of Production Depreciation
This is a method of calculating depreciation in which depreciation is calculated on the biases of fixed rate on per unit of the product produce in production line. This method…
Impact of using different types of Depreciation Methods
There are different types of depreciation methods such as straight line depreciation, reducing balance depreciation, sum of the year digit depreciation and units of activity depreciation. Each method has its…
Sum of the Years’ Digits Method of Depreciation
Abida Rehman Sum of the Years' Digits Method of Depreciation: Learning Objectives: Explain the sum of the years' digits method of depreciation. Definition and Explanation: Sum of the Years' Digits Method an…
Diminishing Balance Method of Depreciation
Diminishing Balance Method of Depreciation: Learning Objectives: Define, explain and give example of the diminishing balance method/written down value method/reducing installment method? What are advantages and disadvantages of diminishing balance…
Need for Depreciation
Sidra Farid Need for Depreciation: Learning Objectives: Why does the need for calculating and charging depreciation arise. The Need for depreciation arises for the following reasons: Ascertainment of True Profit or Loss:…
Difference Between Depreciation and Fluctuation
Difference Between Depreciation and Fluctuation: Learning Objectives: What is the difference between depreciation and fluctuation?. Depreciation of asset and fluctuation in its market value are not the same. For example,…
Depreciation Accounting – General Questions and Answers
Depreciation Accounting - General Questions and Answers: Learning Objectives: Answers of some of the general questions about depreciation accounting. Theoretical: What is depreciation and how is it brought about? Name…
Depreciation of Various Assets
Depreciation of Various Assets: Learning Objectives: How should the depreciation on various assets be calculated?. We discuss below the problem of depreciating some given assets. Freehold Land and Building: It…
Depreciation Methods
Rubab Ali Depreciation Methods: Learning Objectives: What are the various methods for depreciation? Fixed assets differ from each other in their nature so widely that the same depreciation methods cannot be applied…
Depreciation Fund Method or Sinking Fund Method of Depreciation
Depreciation Fund Method or Sinking Fund Method of Depreciation: Learning Objectives: What is depreciation fund method or sinking fund method of depreciation? What are its advantages and disadvantages? Definition and…
Depreciation, Depletion and Amortization
Depreciation, Depletion and Amortization: Learning Objectives: What is the difference among depreciation, depletion, and amortization. Depreciation: The term depreciation is used with reference to tangible fixed assets because the permanent…
Depletion Method of Depreciation
Depletion Method of Depreciation: Learning Objectives: What is depletion method of depreciation? Explain with example. Depletion method of depreciation is especially suited to mines, quarries, sand pits, etc. According to…
Accounting For Depreciation
Accounting For Depreciation Learning Objectives: Define and explain the term "depreciation". Why does depreciation calculated and charged? What are the different methods for providing depreciation? Definition and Explanation of Depreciation:…
Fixed Installment Method or Straight Line Method or Original Cost Method of Depreciation
Sana Ahmed Fixed Installment Method or Straight Line Method or Original Cost Method of Depreciation: Learning Objectives: Define, explain and give example of fixed installment or straight line or original cost method.…
Basic Factors of Determination of Depreciation
Basic Factors of Determination of Depreciation: Learning Objectives: What are the basic factors of depreciation determination? For calculation depreciation the basic factors are: The original cost of the asset. The…
Causes of Depreciation
Causes of Depreciation: Learning Objectives: What are the causes of definition? The main causes of depreciation may be divided into two categories, namely: Internal Cause and External Causes Internal Causes:…