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Straight Line Method vs Diminishing Balance Method (Depreciation Calculation Examples)

In this lesson, we explain what the straight line and diminishing balance depreciation methods are, show the formula for calculating the depreciation methods, and go through examples of calculating depreciation using the straight-line method and the diminishing balance method. How to Record Depreciation & Accumulated Depreciation in the Journal Entry and Statement of Financial Position (Balance Sheet):    • Depreciation & Accumulated Depreciati...   Understanding Depreciation Terms:    • Understanding Depreciation Terms   Check out other straight-forward examples on our channel. We also offer one-on-one tutorials at reasonable rates. Connect with us: Email: [email protected] Our Website: https://Counttuts.com Our Facebook Page:   / counttuts   Support our Efforts:   / counttuts