Reducing Balance method depreciaiton

[@portiafielies4976]

this was great, until now i had no idea how to calculate depreciation because i did not understand what depreciation was , now with your explanation it is crystal clear .. thank you

[@hellenchilufya4738]

Awesome... thanks alot

[@shantiworld2790]

Loved your teaching.Absolutely made sense.You are incredible!

[@silverlight5981]

Thank you so much,This was extremely helpful...Why don't accounts class teachers teach like this?

[@Rajesh12688]

Omg simply superb............

[@thresasesa5676]

This is amazing 😍😍 WOW thank you so much

[@mercyndanuhh9980]

This was extremely helpful. Thank you for uploading

[@uchenwajagu6392]

Very helpful video. Thank you so much

[@HumaniNkawana]

You are the best

[@quantlab7750]

Great video. However since the salvage value is lower than the book value, this means the business would incur a loss. They however would benefit from tax savings on disposal of the asset.

[@mauricesheridan6514]

Yes that is correct. Tax is for another course

[@shermadrummond1562]

Very easy to follow, thank you.

[@raccoon874]

*lovely voice Maurice*

[@ahanafsharear8476]

😂😂😂

[@ECOPLUSHABOY457]

Thanks. I am interested in getting to know the advantages and disadvantages of using reducing balance method.

[@hon_kangwa]

Where can I find more of her recordings? She’s super helpful

[@mauricesheridan6514]

This was a work colleague, there is more useful content on my channel

[@shanimwende2351]

crystal clear, its very easy to calculate now. thank youuuu

[@mauricesheridan6514]

Glad you liked it. Good luck with your studies.

[@zoeyssebale2028]

Thank you so much ,,,you have really helped me out

[@mauricesheridan6514]

Good luck 🤞

[@olayeninice7144]

this is great thanks! tho I've got a question, in a case where we were given Asset, Cost, and estimated life and we were asked to solve for estimated value using reducing balance? how do we go about that?

[@londekadlamini1609]

absolutely helpful

[@mauricesheridan6514]

Glad you enjoyed if.if you think your classmates would find this helpful shre it with them. 😎

[@haiderbangash99]

thank you mam tomorrow is my paper i am done now wohooooo😅❤!

[@nowshinahmed8851]

could you tell me how you calculated the depreciation rate?

[@NabukaluJoanitar]

It has no limits of years or its depends on the year ?

[@mauricesheridan6514]

@@NabukaluJoanitar this is just how to calculate override the life of the asset. Each depreciation calc is for one year

[@mitfishfikir6962]

Thankyou maa😭💓

[@rose_menu]

Thank you😘😘😘

[@shabbu86]

thankyou 👍

[@mauricesheridan6514]

No problem 👍

[@farahshahid5250]

Very nice

[@MYLESKNBASILANPIAMONTE]

Excuse me Po ,May I ask a Quistion Questions are written down value and book/carry value are One ??
There are thy same ??

[@vinooshifernando4537]

thank you.you turned a misunderstand question into understand.can you please do a video on monthly installment also.

[@swimming_chips]

Thx

[@radhacdradha878]

Thank you mam 😊

[@mauricesheridan6514]

I'm glad you enjoyed my video. Check out my channel there are a heap more on accounting.

[@francescotagliavento8081]

a company acquired a machine on 01.01.2013 at cost of 130,000 and spent 2,000 on its installations and 3,000 on trasport. Life of the machienry is 10 years. The company uses the declining balance method of depreciation for machinery at 30% a year. the books of accounts are closed on the 31st december every year. what will be the depreciation charge for the year 2015(year 3)?
a)19,845
b)28,350
c)13,500
d)88,695
e) none of above answers is correct
Someone could help me?

[@mauricesheridan6514]

Answer is A. Year One 135000 X 30% = 40,500.
Year two (135,000-40500) X 30% = 28350
Year three (2015) = (135,000 - 40,500 - 28,350) X 30% = 19,845.
Hope this helps.

[@francescotagliavento8081]

@@mauricesheridan6514 thank you

[@sandrakatchy9299]

Thanks so much

[@fazeelaprashad4276]

What about if its not a full year?

[@mauricesheridan6514]

Fazeela Prashad then you would apportion it. Eg 9 months would be 9/12 of the amount. Hope this helps!

[@t_hs_z4912]

thanks😘😘😘

[@AlausaajimohOluwakemi]

Reason why the calculation is not 22000*4500

[@mauricesheridan6514]

@@AlausaajimohOluwakemi the depreciation is reducing the value of the asset, 45% can be calculated as 0.45. Hope this helps

[@upbeatbgm]

Thanks so much