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Accounting Basics (without debits and credits)

These lessons explore the basics of accounting without debits and credits.

Lesson 12: Depreciation Methods

  • Dr. Charlotte Houke
  • Mar 1, 2013
  • 1 min read

Description

Lesson twelve teaches two different methods of depreciating the firm's fixed assets. These two methods are the straight-line and double-declining balance methods of depreciation. The effect of depreciation method choice has on the firm's bottom line and taxable income is discussed.

 
 
 

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