There is a number of different methods accountants can use to calculate depreciation of Fixed Assets in Balance Sheet. Straight-Line Method. Reducing Balance Method.
Posts tagged as “depreciation”
Depreciation is a decrease in the value of Fixed Assets. Some assets such as Equipment (machinery) and Vehicles tend to fall in value over time.
Businesses usually have two types of spending such as Revenue Expenditure and Capital Expenditure. Here is how to correctly record these two types of spending.
A currency depreciation is when its value decreases comparing with another currency. As measured by its exchange rate against another currency.