Our Explanation of Depreciation emphasizes what the depreciation amounts on the income statement and balance sheet represent. Learn why depreciation is an estimated expense that does not assist in determining the current market value of assets.
This 20-question quiz is a fast way to assess your understanding of the Depreciation Explanation. It's also a great warmup for our Quick Tests.
We've answered 89 popular questions related to the topic Depreciation. Review them all or use the search box found at the top of each page of our website for your specific questions.
Our flashcards for the topic Depreciation will help you master key terms and definitions. You can view them on any device or print them out.
If you find Depreciation terminology difficult, this Word Scramble will provide clues (scrambled answers) to assist you.
We created this crossword puzzle for you to learn, review, and retain terminology for the topic Depreciation in a more fun format.
We created this crossword puzzle for you to learn, review, and retain terminology for the topic Depreciation in a more fun format.
We created this crossword puzzle for you to learn, review, and retain terminology for the topic Depreciation in a more fun format.
We include a form for each of the following depreciation methods: straight-line, double-declining balance, sum of the years' digits, and units of activity. All of our business forms contain an Excel template, a blank PDF form, and a filled-in PDF form.
Our Depreciation Cheat Sheet discusses some of the terms, assumptions, and estimates associated with the depreciation of assets used in a company's business.
This graded 20-question test measures your understanding of the topic Depreciation. Discover which concepts you need to study further and enhance your long-term retention. All of our quick tests can be taken online and/or printed.
This graded 20-question test measures your understanding of the topic Depreciation. Discover which concepts you need to study further and enhance your long-term retention. All of our quick tests can be taken online and/or printed.
This graded 10-question test provides coaching to guide you to the correct answers. Use our coaching to learn the WHY behind each answer and deepen your understanding of the topic Depreciation.
Preparing for this 40-question certificate exam will increase your understanding, retention, and recall of important details and procedures pertaining to depreciation. Passing the exam will demonstrate that you understand the purpose of depreciation, why it is known as a noncash expense, and what is indicated by the depreciation amounts reported on the financial statements.
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For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.
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