Depreciation: Sum-of-the-Years'-Digits Method

Learn how to depreciate using the sum-of-the-years'-digits method.
To download this spreadsheet and follow along with the video, please click here: www.tlctutoringcompany.com/su...
For assistance with other topics, tutoring, and more, please visit our website: www.tlctutoringcompany.com
Need help with other depreciation methods/topics?
Straight-line Depreciation - • Straight-Line Deprecia...
Units-of-Output Depreciation - • Depreciation: Units-of...
Double-Declining-Balance Depreciation - • Depreciation: Double-D...
Selling/Disposing of Fixed Asset Journal Entries - • Journal Entries: Dispo...

[@Mustlight]

Thanks a lot! You are a life saver.

[@paolasalcedo1271]

Thank you so much. Now I understand!!!!

[@annananana1234]

Thank you so much for this video! ♥ This helped me understand Sum-of-the-Years' Digits Method. I like your voice, btw. :)

[@andrewhlat]

Thank you!

[@user-tj2tr5zr2u]

Thank you❤

[@VictorWambua-df7pt]

Thanks atleast now i fully understand

[@shaneladkins2227]

Thank you for you time and patience 😊

[@Gking9667]

Please do many lectures on intermediate accounting

[@user-vm5jh6ks6f]

So is the answer the accumulated depreciation section? Thanks a ton!!

[@bcfahadunit9025]

🎉

[@michelleobiekwe-ts1tk]

Pls prepare the account

[@ZACK-ui7fq]

What if the equipment were bouht in the middle of the year? 🤔

[@accountinghelp]

If it were purchased halfway through the year, then the first year would get half of the first fraction. Then the second year would get half of the first fraction and half of the second fraction. And then the third year would get half of the second fraction and half of the third fraction. And that would continue until estimated useful life was used up.