# Ch 9: Accounting for Depreciation

Discover the different methods for calculating depreciation rates by following along with the instructors in this chapter. Read through real-world examples in the lessons and watch videos that showcase depreciation calculation formulas.

## Accounting for Depreciation - Chapter Summary and Learning Objectives

When making accounting projections for organizations, there are various factors to consider to see the big financial picture. One of those factors includes depreciation, which is the rate at which an item loses its value. The materials in this chapter discuss what causes depreciation, how to calculate depreciation, and additional calculation considerations. After you go through each individual lesson, you should be thoroughly acquainted with the following concepts:

• Depreciation methods
• Calculations for partial-year and accelerated depreciation
• The effects of estimation changes
• Determining the accumulated rate of depreciation
• Formulas for figuring out depreciation expenses
• Common practices for recording depreciation rates

Lesson Objective
Methods of Depreciation Identify the three distinct depreciation methods.
Accelerated Depreciation Methods Establish the rate at which large vehicles and office equipment depreciate through two typical calculation methods.
Partial-Year Depreciation & Changes in Estimates Decipher depreciation formulas for taxes, investigate the partial-year depreciation rate for bigger items, and discuss how estimation changes can alter depreciation calculations.
Accumulated Depreciation: Definition & Formula Predict long-term depreciation rates for items, explain how to record these rates in ledgers, and figure out the current value of any asset.
How to Calculate Depreciation Expense: Definition & Formula Study the three most used methods for determining depreciation expense calculations.
Reporting Depreciation on the Balance Sheet Compare depreciation rates listed on income statements vs. balance sheets and discuss why these numbers do not always match.

6 Lessons in Chapter 9: Accounting for Depreciation
Test your knowledge with a 30-question chapter practice test
Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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### Other Chapters

Other chapters within the Accounting 302: Advanced Accounting course

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