2. Depreciation - Straight Line Method Introduction & Small Problems

Dear Students,
To follow all the lectures of Depreciation, follow the given link:
• 1. Depreciation Introd...
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• Accounting Basics For ...
Financial Accountancy - Part: 2
• 1. Non - Trading Accou...
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• Accounting Basics For ...
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• Introduction of Busine...
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• Introduction of Statis...
5. Financial Management
• "Capital Budgeting" In...
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7. Business Economics/ Managerial Economics
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8. Basic Introduction Chapter of Financial Accountancy
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9. Bank Reconciliation Statement
• 42. "Bank Reconciliati...
10. Final Accounts
• "Final Accounts Introd...
11. Depreciation
• 1. Depreciation Introd...
12. Rectification of Errors
• 1. "Rectification Of E...
13. Business Origanization & Management (BOM)
• "Characteristics & For...
14. Career Options
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15. Company Law
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• 1. Non - Trading Accou...
18. MEFA / BEFA For Engineering Students
• "Introduction To Busin...
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[@devikascommercemanagement]

Small Correction:
@12.54 the year is 2015 by mistake I have written as 2018.
Subsequently next year also will be changing like 2016, 2017 etc.
Please note it dear students.

[@sarathsarath2866]

Machinery has been bought on 1st of October 2015 so depreciation has to be provided on 2016 and then 2017 and 2018 ...Is that right mam.

[@b.anitha9848]

Mam machinery is purchased in the year 2015 not 2018 mam

[@RockyBhai-ht9pq]

In the problem they asked to calculate depreciation for 3 years .
But we calculated the depreciation for 2 years and 6 months only.
Ma'am can you please explain regarding this one..!

[@nithyashree7637]

Because, the machinery was purchased in the month of Oct, 2015. So, from Oct- march would be 6 months.

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[@devikascommercemanagement]

It's my pleasure
Practice well 👍🙌

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[@devikascommercemanagement]

It's my pleasure
Practice well👍

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Ma'am I think the 1st date should be (1.10.15.)..not (1.10.18) according to the question..?

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[@devikascommercemanagement]

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[@zainsameer4971]

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[@shaikruksana6470]

In question they given 1 st October 2015...but u written 2018
And in credit side why should we calculate for 6 months mam

[@asurisudharsanrao7719]

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[@devikascommercemanagement]

Good to hear your comment😃
Practice well👍

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[@devikascommercemanagement]

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[@devikascommercemanagement]

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[@devikascommercemanagement]

Have a wonderful career Siddiqui👍

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CA, CMA or CS

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[@devikascommercemanagement]

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Practice well 👍🙌

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[@devikascommercemanagement]

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Practice well👍

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For helping for my semester exam

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Practice well👍

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Very Helpful Vedio 🥰🙏🥰😊

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Have a bright career 👍

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Medam please explain new syllabus ...

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[@devikascommercemanagement]

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Practice well👍

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[@devikascommercemanagement]

Sure..
Good luck Pandey👍

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Good luck Robinson👍

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Mam why did you take 31st March 2020 onn1st asset ?
I don't understand this last entry
Please explain again . please.please

[@devikascommercemanagement]

Read the last line of the problem
"Accounts closed on 31st march"
It means we need to follow financial year i. e year ending always on 31st march.

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Mam can uh please explain about the contra entry please

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[@devikascommercemanagement]

My pleasure 😊

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[@devikascommercemanagement]

Study well & good luck Ganesh👍