Financial Accounting-Depreciation Calculation & Fixed Assets

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Financial Accounting-Depreciation Calculation & Fixed Assets

Depreciation calculation, straight line method, double declining method, units of production method and disposal assets

What you’ll learn

  • Accounting for property plant and Equipment
  • Recording the purchase of plant assets
  • Journalizing a lump sum purchase of fixed assets
  • Straight line method of calculating depreciation
  • Double declining method of calculating depreciation
  • Units of production method of calculating depreciation
  • Calculating deprecation for a part of a mouth or year
  • Recording capital expenditures and revenue expenditures
  • Accounting for a change in accounting estimate related to depreciable assets
  • Recording the disposal of property plant and equipment
  • Key accounting terms related to plant assets
  • The accounting cycle

Who this course is for:

  • Accounting students
  • Business owner
  • Business professionals
  • Anyone who whats to learn accounting
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