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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

When resources e.g. time is used to do 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

Decrease in price/value; loss of value over time.

accelerated

/əkˈseləˌrāt/

verb

begin to move more quickly.

balance

/ˈbaləns/

noun verb

Instrument for weighing things. To be steady by having equal weight on both sides.

tangible

/ˈtanjəb(ə)l/

adjective noun

Able to be seen or noticed; obvious; apparent. Item which can be seen and touched.

declining

/dəˈklīniNG/

adjective verb

becoming smaller, fewer, or less. To lessen in quality or value.

variable

/ˈverēəb(ə)l/

adjective noun

not consistent or having fixed pattern. Mathematical quantity with several values.

calculate

/ˈkalkyəˌlāt/

verb

To make an educated guess about something.

finally

/ˈfīn(ə)lē/

adverb

used especially at the beginning of a sentence to introduce the last point or idea.

initially

/iˈniSH(ə)lē/

adverb

at first.

process

/ˈpräˌses/

noun verb

Set of changes that occur slowly and naturally. To deal with official forms in the way required.

depreciate

/dəˈprēSHēˌāt/

verb

To decrease in price or value.

passing

/ˈpasiNG/

adjective noun verb

going past. passage of something. To go by someone or something without stopping.

because

/bēˈkəz/

conjunction

for reason that.

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