Depreciation calculation, straight line method, double declining method, units of production method and disposal assets
What you’ll learn
- Accounting for property plant and Equipment
- Recording the purchase of plant assets
- Journalizing a lump sum purchase of fixed assets
- Straight line method of calculating depreciation
- Double declining method of calculating depreciation
- Units of production method of calculating depreciation
- Calculating deprecation for a part of a mouth or year
- Recording capital expenditures and revenue expenditures
- Accounting for a change in accounting estimate related to depreciable assets
- Recording the disposal of property plant and equipment
- Key accounting terms related to plant assets
- The accounting cycle
Requirements
- We should have a basic understanding of financial accounting and debits and credits
This course includes:
- 12 hours on-demand video
- 25 downloadable resources
- Full lifetime access
- Access on mobile and TV
- Assignments
- Certificate of completion