acct209 at Texas A&M

Videos

1 Acquisition Cost of Assets
What things do you get to count as the "cost" of an asset? Well, it depends.
13:23
2 Lump Sum Purchases
When you buy a group of assets all at once, you need to split up the purchase price in a reasonable way. I'll show you what is reasonable.
6:01
3 What is Depreciation?
Before we talk about how to calculate depreciation, we're going to talk about what it actually is and why we have to depreciate things.
11:23
4 Straight Line Depreciation
Get excited, because straight line depreciation is super easy.
4:33
5 Double Declining Balance
Double declining balance is not as easy as straight line, but it's not terrible. There is one thing that you have to look out for, and I'll tell you what it is.
13:58
6 Units of Production
Units of production is as easy as straight line, but instead of using "years", we're going to use "units".
3:43
7 Partial Year Depreciation
If you buy an asset in the middle of the year, you have to adjust your depreciation calculations to account for that.
5:50
8 Capital vs. Revenue Expenditures
Some assets are going to require more money to be spent on them. If you have an asset that requires some sort of additional outlay, you can either capitalize or expense that amount of money. If you do capitalize it, you must also depreciate it, which leads to a change in depreciation.
10:42
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