Trick for Depreciation Accounting | Straight Line Method | Original Cost Method with Three Machines

#3 Depreciation Accounting | Straight Line Method of Charging Depreciation | Original Cost Method | Original Cost Method with Three Machines


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Depreciation is a charge against the asset which reduces the value of assets. Depreciation is a normal process which arises due to time factor and normal wear and tear of the fixed assets.

There are various methods according to which depreciation can be charges over the value of assets out of them two commonly used methods are:-
1. Straight Line Method/Original Cost Method
2. Written Down Value Method

In this video i have explained the straight line method along with numerical questions, working notes, Machinery Account and Depreciation Account.

I hope this video will help you to enhance your knowledge
Thanks
JOLLY Coaching


Link for other videos:-

1. Accounting 11th class Complete course "-    • 11th Class Accounting in Hindi { All ...  

2. Depreciation Accounting:-    • Depreciation Accounting [Written Down...