Рет қаралды 63,225
Lecture 3 Depreciation, Depletion, Amortization Concept
Caption: Depreciation allocates cost of tangible assets over useful life. Depletion applies to natural resources. Amortization allocates cost of intangible assets. They help report expenses and income accurately, determine book value of assets, and avoid misrepresentation in financial statements.
Keywords: Depreciation, depletion, amortization, allocation, tangible assets, natural resources, intangible assets, useful life, accurate reporting, financial statements, book value, misrepresentation.
LECTURE 1 FICTITIOUS ASSETS
• Fictitious Assets
LECTURE 2 SHARE MARKET
• SHARE MARKET
LECTURE 3 DEPRECIATION::DEPLETION::AMORTIZATION::CONCEPT
• DEPRECIATION::DEPLETIO...
LECTURE 4 ACCOUNTING TERMS
• Accounting Terms II Ni...
LECTURE 5 RULES OF DEBIT AND CREDIT
• Rules of Debit and Credit
LECTURE 6 OUTSTANDING EXPENSE
• Outstanding Expense
LECTURE 7 OUTSTANDING INCOME
• Outstanding Income
LECTURE 8 PREPAID EXPENSE
• Prepaid Expense
LECTURE 9 UNEARNED INCOME
• Unearned Income
Accounting MCQs Video 1 : • MCQs Accounting and Fi...
Accounting MCQs Video 2: • MCQ Accounting and Fin...