Depreciation Methods II: Declining Balance & Comprehensive Example (Lesson 9.3)

In this video, we continue our coverage of depreciation methods. We then examine the Declining Balance method (which is really a "family of methods") in greater detail, including an example. We then complete a comprehensive, multi-year example (featuring all three methods) in Excel, showcasing how to work each method (for an in-service date at the beginning of and partway through the first period) and comparing depreciation expense under them. If this video was helpful to you, please LIKE, COMMENT, and SUBSCRIBE to help me grow this channel! If you would like to support my work, you may do so here: https://ko-fi.com/phdnotrequired #accounting #business #tutoring #education #financialaccounting #college