This worksheet, along with the video will help students understand how to calculate depreciation.
The video explains how to calculate both the straight line method and reducing balance method of calculating depreciation.
Each method has clear examples and the activity sheet allows them to apply their new found knowledge of depreciation.
Depreciation is how much the value of an asset falls over a period of time. In order to record this expense to a business on an income statement you can use either one of these two key methods.
Firstly is the STRAIGHT LINE METHOD and secondly the REDUCING BALANCE Method. Each method enables the business to record the value lost of an asset in the expenses section of an income statement. This is an important expense to consider for a business as it can be costly if it is not monitored.
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Amazing thanks. Is there an answer sheet please? Thanks in advance
Looks awesome and saved me a lot of time and effort thank you!!!!<br /> <br /> ps - do you have an answer sheet?
Fab - thank you!
Great resource as always, thank you
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