Loved your teaching.Absolutely made sense.You are incredible!
@silverlight59818 жыл бұрын
Thank you so much,This was extremely helpful...Why don't accounts class teachers teach like this?
@Rajesh126885 жыл бұрын
Omg simply superb............
@portiafielies49764 жыл бұрын
this was great, until now i had no idea how to calculate depreciation because i did not understand what depreciation was , now with your explanation it is crystal clear .. thank you
@hellenchilufya47382 жыл бұрын
Awesome... thanks alot
@user-kw7fw7ik4y Жыл бұрын
You are the best
@mercyndanuhh99803 жыл бұрын
This was extremely helpful. Thank you for uploading
@thresasesa5676Ай бұрын
This is amazing 😍😍 WOW thank you so much
@ecoplushaboy4576 жыл бұрын
Thanks. I am interested in getting to know the advantages and disadvantages of using reducing balance method.
@quantlab77502 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.
@mauricesheridan65142 ай бұрын
Yes that is correct. Tax is for another course
@uchenwajagu63924 жыл бұрын
Very helpful video. Thank you so much
@JudithNatukunda7 ай бұрын
This is so much helpful. Thank you.
@shermadrummond1562 Жыл бұрын
Very easy to follow, thank you.
@londekadlamini1609Ай бұрын
absolutely helpful
@mauricesheridan6514Ай бұрын
Glad you enjoyed if.if you think your classmates would find this helpful shre it with them. 😎
@shanimwende23512 жыл бұрын
crystal clear, its very easy to calculate now. thank youuuu
@mauricesheridan65142 жыл бұрын
Glad you liked it. Good luck with your studies.
@haiderbangash996 ай бұрын
thank you mam tomorrow is my paper i am done now wohooooo😅❤!
@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?
@hon_kangwa3 жыл бұрын
Where can I find more of her recordings? She’s super helpful
@mauricesheridan65143 жыл бұрын
This was a work colleague, there is more useful content on my channel
@mitfishfikir69624 жыл бұрын
Thankyou maa😭💓
@zoeyssebale20283 жыл бұрын
Thank you so much ,,,you have really helped me out
@mauricesheridan65143 жыл бұрын
Good luck 🤞
@raccoon8744 ай бұрын
*lovely voice Maurice*
@ahanafsharear84763 ай бұрын
😂😂😂
@farahshahid52504 жыл бұрын
Very nice
@rosesmenu71555 жыл бұрын
Thank you😘😘😘
@upbeatbgm4 жыл бұрын
Thanks so much
@swimming_chips7 ай бұрын
Thx
@nowshinahmed88518 ай бұрын
could you tell me how you calculated the depreciation rate?
@shabbu863 жыл бұрын
thankyou 👍
@mauricesheridan65143 жыл бұрын
No problem 👍
@vinooshifernando45374 жыл бұрын
thank you.you turned a misunderstand question into understand.can you please do a video on monthly installment also.
@fazeelaprashad42766 жыл бұрын
What about if its not a full year?
@mauricesheridan65146 жыл бұрын
Fazeela Prashad then you would apportion it. Eg 9 months would be 9/12 of the amount. Hope this helps!
@radhacdradha8782 жыл бұрын
Thank you mam 😊
@mauricesheridan65142 жыл бұрын
I'm glad you enjoyed my video. Check out my channel there are a heap more on accounting.
@user-kc1vo2yt3d9 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 ??
@francescotagliavento80813 жыл бұрын
a company acquired a machine on 01.01.2013 at cost of 130,000 and spent 2,000 on its installations and 3,000 on trasport. Life of the machienry is 10 years. The company uses the declining balance method of depreciation for machinery at 30% a year. the books of accounts are closed on the 31st december every year. what will be the depreciation charge for the year 2015(year 3)? a)19,845 b)28,350 c)13,500 d)88,695 e) none of above answers is correct Someone could help me?
@mauricesheridan65143 жыл бұрын
Answer is A. Year One 135000 X 30% = 40,500. Year two (135,000-40500) X 30% = 28350 Year three (2015) = (135,000 - 40,500 - 28,350) X 30% = 19,845. Hope this helps.
@francescotagliavento80813 жыл бұрын
@@mauricesheridan6514 thank you
@t_hs_z49124 жыл бұрын
thanks😘😘😘
@AlausaajimohOluwakemi3 күн бұрын
Reason why the calculation is not 22000*4500
@mauricesheridan65143 күн бұрын
@@AlausaajimohOluwakemi the depreciation is reducing the value of the asset, 45% can be calculated as 0.45. Hope this helps