How to Calculate Depreciation
Depreciation is termed as the decrease in the value of any asset due to the passage of time. This calculation is a very important aspect of preparation of financial statements and the method varies according to the nature of the...
Depreciation of Rental Property
Depreciation is an effective tax shelter for people who rent out their properties. This article will help in understanding the term rental depreciation and how it can help you.
What is Residual Value?
Appropriate valuation of an asset by appropriate amortization or depreciation is an important aspect of balance sheet preparation. An often repeated query in this context is the correct residual value of any item. The following...
Difference between Depreciation and Amortization
Depreciation and amortization have the effect of reducing the worth of assets. However, this does not nullify the difference between the two concepts. The draft herewith helps you grasp the fine line existing between depreciation...
How Does Car Depreciation Work?
Your vehicle starts depreciating from the moment you drive the car out of the showroom. It's important to know how a car depreciates, when you own one. Read more..
Accumulated Depreciation Explained
How is accumulated depreciation calculated in a balance sheet? Read to know all about it.
Depreciation is reduction in the cost of an asset, used during a certain period of time. In this article, we discuss the different accounting methods devoted to calculate it.
Straight Line Depreciation
One of the popular ways to calculate depreciation is the straight line method. This article explains what it is and how you can use it.