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DOUBLE DECLINING BALANCE Method of Depreciation

61,236 views

Accounting Stuff

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (CA)

Speech Time:

98%
  • 5:54 / 5:59

Speech Rate:

  • 149 wpm - Conversational

Category:

  • Education

Tags :

Intro:

Video Vocabulary

expense

/ikˈspens/

noun verb

money spent on something. offset against taxable income.

accountants

/əˈkount(ə)nt/

noun other

person whose job is to keep or inspect financial accounts. Professional people who manage money.

depreciation

/dəˌprēSHēˈāSH(ə)n/

noun

reduction in value of asset over time.

accelerated

/əkˈseləˌrāt/

verb

begin to move more quickly.

balance

/ˈbaləns/

noun verb

Being stable; having equal weight on both sides. To make two or more things equal.

tangible

/ˈtanjəb(ə)l/

adjective noun

perceptible by touch. Item which can be seen and touched.

declining

/dəˈklīniNG/

adjective verb

becoming smaller, fewer, or less. To not accept an invitation or offer; refuse.

variable

/ˈverēəb(ə)l/

adjective noun

Having the ability to change or vary. element, feature, or factor that is liable to vary or change.

calculate

/ˈkalkyəˌlāt/

verb

To find an answer using mathematics.

finally

/ˈfīn(ə)lē/

adverb

after long time.

initially

/iˈniSH(ə)lē/

adverb

at first.

process

/ˈpräˌses/

noun verb

Dealing with official forms in the way required. To adopt a set of actions that produce a result.

depreciate

/dəˈprēSHēˌāt/

verb

To decrease in price or value.

passing

/ˈpasiNG/

adjective noun verb

going past. passage of something. To spend time doing or happening.

because

/bēˈkəz/

conjunction

For a reason.

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