Maurice Sheridan

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@NabukaluJoanitar 11 күн бұрын

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

@mauricesheridan6514 11 күн бұрын

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

@AlausaajimohOluwakemi Ай бұрын

Reason why the calculation is not 22000*4500

@mauricesheridan6514 Ай бұрын

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

@londekadlamini1609 2 ай бұрын

absolutely helpful

@mauricesheridan6514 2 ай бұрын

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

@thresasesa5676 3 ай бұрын

This is amazing 😍😍 WOW thank you so much

@boinemgendua9913 4 ай бұрын

2024 here thanks ,it really helps me

@mauricesheridan6514 3 ай бұрын

I’m glad if was helpful, good luck with your studies

@quantlab7750 4 ай бұрын

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 4 ай бұрын

Yes that is correct. Tax is for another course

@luciandofeni7445 4 ай бұрын

😊

@mauricesheridan6514 4 ай бұрын

Glad you enjoyed it

@kamalizasifa8157 5 ай бұрын

Why did you record selling in payment?

@raccoon874 5 ай бұрын

*lovely voice Maurice*

@ahanafsharear8476 4 ай бұрын

😂😂😂

@LondiweMpembe 6 ай бұрын

Nice n understanding

@haiderbangash99 7 ай бұрын

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

@swimming_chips 9 ай бұрын

Thx

@JudithNatukunda 9 ай бұрын

This is so much helpful. Thank you.

@nowshinahmed8851 9 ай бұрын

could you tell me how you calculated the depreciation rate?

@ikiser7331 10 ай бұрын

sağol hacı abey

@user-kc1vo2yt3d 11 ай бұрын

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

@uzenyx1736 Жыл бұрын

@user-kw7fw7ik4y Жыл бұрын

You are the best

@conamore7887 Жыл бұрын

Australians have a cool accent

@mauricesheridan6514 Жыл бұрын

Thankyou for your compliment

@mixsmirai Жыл бұрын

Thank you for this very informative video. Does this mean the Tigers will finally win their next game?

@mauricesheridan6514 Жыл бұрын

Well I am hoping that they will. Glad you enjoyed the video. Good luck with your studies

@user-uz4vm2sp4m Жыл бұрын

ممكن أن ترسل كتاب هذة المادة الاندثارات

@mauricesheridan6514 Жыл бұрын

Sorry I cannot send the copy of the questions

@kamerkissedrin5678 Жыл бұрын

Thanks

@kristianhans7588 Жыл бұрын

I have an exam in 3hrs wish me luck

@mauricesheridan6514 Жыл бұрын

Hope your results were what you were looking for

@dorcusmwansa4136 Жыл бұрын

Woow thank you so much sir

@oratilesnow1986 Жыл бұрын

I have a test tomorrow and when the lecture explained I didn't get anything but after you explained I'm very confident that I will nail it tomorrow 🥰. Thank you sir

@mauricesheridan6514 Жыл бұрын

I hope you test went well. I am glad you like the video.

@olayeninice7144 Жыл бұрын

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?

@joewachter8257 Жыл бұрын

Seriously thank you

@joewachter8257 Жыл бұрын

I’ve learned more from this video than from a month taking a college financial accounting class

@shermadrummond1562 2 жыл бұрын

Very easy to follow, thank you.

@mukhammadmaksudkhodzhaev3754 2 жыл бұрын

Why did you include interest received to operating section, not investing?

@mauricesheridan6514 2 жыл бұрын

Interest received is the same as interest expense and as an expense it should be shown in the operating activities. There is an argument that it should be financing because it relates to loans. The Publicly listed companies in Australia all classify interest as an operating activity jn their cashflow statements

@radhacdradha878 2 жыл бұрын

Thank you mam 😊

@mauricesheridan6514 2 жыл бұрын

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

@cycy769 2 жыл бұрын

Thank you so much for sharing your knowledge sir. I’ve learned so much from you. God bless!!

@mauricesheridan6514 2 жыл бұрын

I'm glad you enjoyed my videos. I hope you do well on your exams.

@braneltelesford3235 2 жыл бұрын

I love it❤️

@franciscarmutiso5807 2 жыл бұрын

Teach about bank reconciliation

@mauricesheridan6514 2 жыл бұрын

Here is a link to a bank reconcilation exam question from a few years ago. I hope you enjoy it. Let me know what else you need and I will see if i have a recording for it. kzbin.info/www/bejne/rXaXop2MprWJfLM

@user-pt5jv1er2x 2 жыл бұрын

Thanks for this video sir.

@bukenyajonathan8439 2 жыл бұрын

Am completely confused

@mauricesheridan6514 2 жыл бұрын

What are you confused about?

@chimammeje2388 2 жыл бұрын

the way you teach is incredible, Maurice....thank yoU!

@chimammeje2388 2 жыл бұрын

this was great.....thank you!

@chimammeje2388 2 жыл бұрын

Hello Maurice...I remember watching an earlier video where you added the figure for accumulated depreciation for vehicle with the figure from straight line calculation... so that would have been 4000 + 5000 In this exercise, you only added the calculated depreciation cost of 5000 How do I know when to use only the calculated cost of depreciation vs combining with accumulated depreciation to form one figure

@mauricesheridan6514 2 жыл бұрын

Chima, In relation to this question there is no depreciation expense calculated in the table, so that is the process of creating the depreciation expense ($5,000). Where I would have added this number to, would have then been in the balance sheet. Add this calculation to the accumulated depreciation to show the full amount related to that asset. So depreciation appears in the Income Statement as an expense related to that period and in the Balance Sheet as negative asset. Hope this helps

@chimammeje2388 2 жыл бұрын

@@mauricesheridan6514 Yes it does, thanks!

@camillacodognotto991 2 жыл бұрын

Thank you!!!!

@chimammeje2388 2 жыл бұрын

Doing my Msc, and I've learned more from KZbin than anything they've taught me in class

@mauricesheridan6514 2 жыл бұрын

Glad you got something out of it. Share it around. Good luck with you Msc.

@Queen_Zara_X_Tanvir72 3 ай бұрын

Cause you focused in KZbin die to your exam , like not in the class 😅

@ksprincess2345 2 жыл бұрын

Al hamdulillah 34 years of success.Such an authentic and useful information for the clearance of your doubts. Specially for those who believe in QUALITY EDUCATION. 👇 kzbin.info/www/bejne/qnSqqKyQpqmqq9k