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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 consider or include in an estimate or judgment.

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 doing by using special knowledge or skill.

assumes

/əˈso͞om/

verb

To take a job or the responsibilities of another.

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 make a space or hole appear in something.

depreciation

/dəˌprēSHēˈāSH(ə)n/

noun

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

calculate

/ˈkalkyəˌlāt/

verb

To find an answer using mathematics.

depreciate

/dəˈprēSHēˌāt/

verb

diminish in value over period of time.

upgrade
noun verb

Updated or better version of 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. come to be total.

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