Depreciation Explained: Straight-Line, Double-Declining & Units of Production

Depreciation Explained — Straight-Line, Double-Declining & Units of Production In this video, we break down depreciation — one of the most important accounting concepts used to allocate the cost of long-term assets over time. You’ll learn how to calculate depreciation using the three main methods: Straight-Line Method Double-Declining Balance Method Units of Production Method We’ll go step by step through the formulas, examples, and key differences between each method — so you can easily understand how depreciation impacts a company’s financial statements, asset values, and profits. Whether you’re a finance student, accountant, or just curious about how businesses record asset costs, this video will give you a clear and practical overview of everything you need to know about depreciation. Follow ‪@easyfinance_‬ for more finance related videos!