Calculating Depreciation (Straight-Line, Units of Activity & Declining Balance Methods)

Calculating annual depreciation using Straight-Line Method, Units of Activity Method and Declining Balance method.
Guided notes worksheet: docs.google.com/document/d/1v...
To fill out the worksheet:
1. Open the guided notes worksheet above.
2. In the Google Doc, click "file" and "download".
3. You can download the file and complete the guided notes worksheet.
Guided notes answer key: docs.google.com/document/d/1Z...

[@VictorFromCharleville]

god bless this man, so simple to understand with him

[@stevenforce3344]

Thank you! I'm glad you find this helpful!

[@melonstage5790]

These are so amazingly helpful to me, thank you for taking the time to make these. Please continue this channel, you're fantastic at it! (Delaney from ACC211)

[@stevenforce3344]

Glad you like them!

[@akpanikaukot6306]

Thanks alot. This helped through a difficult problem this night

[@stevenforce3344]

Glad to hear it!

[@josephboutros907]

How can we determine which method is the best to adopt by a certain company?

[@DneshB]

Is this for double declining balance method or Declining balance method..... If it is declining balance method...why u multiplied with 2

[@mustafaali-rz6xc]

How did you calculate under straight line method in 2020 sir

[@stevenforce3344]

Since we would've had the equipment for all of 2020, the depreciation is the full $7,600 amount. That's calculated by (1) Cost - Salvage = Depreciable Cost, then (2) Depreciable Cost / Useful Life = Annual Depreciation.