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DOUBLE DECLINING BALANCE Method of Depreciation

61,236 views

Accounting Stuff

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (CA)

Speech Time:

98%
  • 5:54 / 5:59

Speech Rate:

  • 149 wpm - Conversational

Category:

  • Education

Tags :

Intro:

Special thanks to The Free Dictionary for providing us with the information used in this web page

Video Vocabulary

expense

/ikˈspens/

expense
noun verb

Money you have to pay to do part of your job. offset against taxable income.

accountants

/əˈkount(ə)nt/

accountants
noun other

person whose job is to keep or inspect financial accounts. Professional people who manage money.

depreciation

/dəˌprēSHēˈāSH(ə)n/

depreciation
noun

reduction in value of asset over time.

accelerated

/əkˈseləˌrāt/

accelerated
verb

To increase the speed or rate of something.

balance

/ˈbaləns/

balance
noun verb

Instrument for weighing things. put something in steady position.

tangible

/ˈtanjəb(ə)l/

tangible
adjective noun

Able to be seen or noticed; obvious; apparent. Item which can be seen and touched.

declining

/dəˈklīniNG/

declining
adjective verb

becoming smaller, fewer, or less. To not accept an invitation or offer; refuse.

variable

/ˈverēəb(ə)l/

variable
adjective noun

Having the ability to change or vary. Mathematical quantity with several values.

calculate

/ˈkalkyəˌlāt/

calculate
verb

determine mathematically.

finally

/ˈfīn(ə)lē/

finally
adverb

After a long time or some difficulty.

initially

/iˈniSH(ə)lē/

initially
adverb

At first; originally.

process

/ˈpräˌses/

process
noun verb

Set of changes that occur slowly and naturally. To convert by putting something through a machine.

depreciate

/dəˈprēSHēˌāt/

depreciate
verb

To decrease in price or value.

passing

/ˈpasiNG/

passing
adjective noun verb

going past. passage of something. To move; appear, happen.

because

/bēˈkəz/

because
conjunction

for reason that.

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