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

Every accountant needs to master depreciation — but which method is right for the job? In this video, we break down the three major depreciation methods: Straight-Line Double Declining Balance Units of Production You’ll learn how each method affects financial statements, tax outcomes, and asset values — plus how to calculate them step by step using real-world examples. By the end, you’ll understand not just the formulas, but why companies choose different depreciation methods and how they align with the matching principle. What You’ll Learn: How depreciation works under GAAP When to use straight-line vs accelerated methods How to apply formulas for each method Journal entries for depreciation expense The real-world impact on income and assets he A.P. Method — Simplify Accounting. Build Confidence. Personalized accounting tutoring | Real-world examples | CPA exam prep Contact: [email protected] Follow for more: @TheAPMethod #accounting #depreciationaccounting #financialaccounting #cpaexam #theapmethod