Ch 6: Depreciation & Salvage Values

About This Chapter

Use helpful video lessons to learn the facts about methods of depreciation and salvage values. The self-assessment quizzes that follow each lesson can alert you to any topics that may require additional study.

Depreciation & Salvage Values - Chapter Summary and Learning Objectives

Various types of math applications are used in business, and calculations for depreciation are among them. In this chapter, well-informed instructors will walk you through several methods of depreciation, in addition to a variety of accelerated depreciation methods. At the end of this chapter, you should be well-acquainted with topics like:

  • Steps for computing and recording depreciation
  • Ways to report depreciation on balance sheets
  • Computations of depreciation for partial years

Video Objective
Methods of Depreciation Show how to compute and record methods of depreciation, such as units-of-production, straight-line and double declining-balance.
Partial-Year Depreciation & Changes in Estimates Discuss depreciation for partial years and the changes in estimates that would occur.
Reporting Depreciation on the Balance Sheet Outline how depreciation of a plant asset would be reported on the balance sheet.
Accelerated Depreciation Methods Explain methods of accelerated depreciation like sum-of-the-year's-digits and declining-balance.

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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