#10 Depreciation accounting ,10 machines | original cost method | gain or loss on disposal of asset

In this video lecture , Depreciation method is explained in detail with the help of complete solved numerical question. what is original cost method of deprecaiion or fixed installment method of depreciation is explained in detail. complete numerical problem has been addressed with the help of straight line method of depreciation. It is the most simplest method of depreciation in which depreciation rate is charged on the cost price of asset in each year ,so due to which the amount of depreciation expense is always equal in each year. in fixed installment method of depreciation if the asset is being used for the whole year,full year depreciation expense is calculated. depreciation expense can also be calculated with the help of formula when the depreciation rate is not given in the question. Formula to find depreciation expense through fixed installment method is given below : (cost - scrape value)/estimated useful life fixed installment method of depreciation , original cost method of depreciation , straight line method of depreciation and continuous method of depreciation for calculating depreciation expense are synonyms with each other. there are many other methods of depreciation but we will discuss them later in coming video lectures. previous lectures of depreciation are as under : Introduction and basic concept in depreciation : lecture # 01    • #1 Accounting for depreciation | introduct...   difference between depreciation and fluctuation & types of reserve : lecture# 02    • #2 depreciation vs fluctuation | types of ...   accounting for depreciation (theory & question ) : lecture # 03    • what is straight line method of depreciati...   Depreciation acounting :methods of depreciation ( straight line & reducing balance method numerically difference ) lecture # 3A    • #7 Straight line method | Reducing balance...   solved numerical with fixed insallment method of depreciation : lecture # 04    • #4 solved numerical question with the help...   Accounting for depreciation with the help of fixed installment method | asset purchase during the year | lecture # 05    • #5 Depreciation accounting fixed installme...   depreciation accounting by straight line method : gain or loss on disposal of asset : lecture # 06    • #6 two machines ~ Depreciation accounting ...   Reducing balance method of depreciation : gain or loss on disposal of asset lecture# 08    • #8 Reducing balance method of depreciation...   Depreciation accounting by original cost method of depreciation : lecture # 09    • #9 Depreciation accounting by original cos...   Accounting concepts and conventions or accounting principles:    • Accounting concepts and conventions | acco...   For more accounting knowlege follow me instagramIGTV Vedios : taimOOr941 : : taimoorkhalid2020 facebook : Taimoor khalid/taimoor.khalid70 whatsAap no : 0330-9359168 email : Taimoorkhalid23@yahoo.com #originalcostmethodofdepreciation #Accounting #Deprecciation #taimoorkhalid #howtocalculatedepreciation #accumulateddepreciation