Depreciation Accounting & Methods of depreciation
- 5
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Brief Introduction
Straight Line Method (SLM) ,Reducing Balance Method (RBM)/ Written Down Value (WDV), Sum of Year Digits and AnnuityDescription
This course enables to understand basic concept of Depreciation on Fixed assets. It covers the various methods of calculating depreciation - Straight Line Method (SLM), Reducing Balance Method (RBM)/ Written Down Value Method (WDV), Sum of Years Digit Method and Annuity Method and corresponding accounting treatment i.e Passing of Journal Entries and Posting of Journal Entries in respective Ledger accounts.
Requirements
- Requirements
- Basic understanding of Accounting, "Golden Rule of Accounting" i.e Concept of Journal Entries and Posting of Entries to ledger accounts
- Example :How to pass Journal Entries and How to post the Journal entries to Ledger
Akshata M
5 Raiting
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