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What is the Reducing Balance method of Depreciation?

9,240 views

The Accounting Student

Video Language:

  • English

Caption Language:

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

Accent:

  • English (UK)

Speech Time:

98%
  • 5:36 / 5:40

Speech Rate:

  • 136 wpm - Conversational

Category:

  • Education

Tags :

Intro:

Video Vocabulary

factors

/ˈfaktər/

noun other verb

something that contributes to result. Some things that influences a result. To find the two numbers a number can be divided by.

methods

/ˈmeTHəd/

noun other

particular procedure for accomplishing something. (Organized and planned) ways of doing some things.

accounting
noun

An activity to prepare and keep financial records.

technique

/tekˈnēk/

noun

way of carrying out particular task.

assumes

/əˈso͞om/

verb

To act in a false manner to mislead others.

depreciated

/dəˈprēSHēˌāt/

verb

To decrease in price or value.

accurate

/ˈakyərət/

adjective

With no mistake or error; Correct.

opening

/ˈōp(ə)niNG/

adjective noun verb

initial. space or gap allowing passage. To start the activities or services of a business.

depreciation

/dəˌprēSHēˈāSH(ə)n/

noun

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

calculate

/ˈkalkyəˌlāt/

verb

To make an educated guess about something.

depreciate

/dəˈprēSHēˌāt/

verb

To decrease in price or value.

upgrade
noun verb

act of upgrading something. raise something to higher standard.

residual

/riˈzijo͞oəl/

adjective noun

Referring to the amount left over. quantity remaining after other things have been subtracted or allowed for.

deprecation
noun

Prayer to avert or remove some evil or disaster.

amounts

/əˈmount/

noun other verb

quantity. (Values) added up to a certain figure. To add up to a certain figure.

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