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Depreciation Example 1 – ACCA Financial Accounting (FA) lectures
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Depreciation Example 1 – ACCA Financial Accounting (FA) lectures
financial accounting
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after deducting depreciation why are not showing it in book value rather then cost??pls reply i have commented on your 3videos but you have not answer any of them ๐
i'm an Engineering student and i'm doing CA also. This is very useful to me. Thank you sir.
cupiri sir
Wow,very clear and straightforward lecture. Thanks lecturer
Great!!!
Hello,
Awesome Lectures and congratulations for your work. However, I have a concern or a question, so to say. If we pay insurance for the car every year, would that be considered as a capitalized expenditure for the car or as a normal revenue expense? If it is a capital expenditure, do we have to add the insurance cost for the car (or maybe even repairment costs) to the value of the car at the end-year or should it be registered in the Financial Statement of Profit or Loss as a separate expense not related to the car value nor depreciation?
one more concept cleared .
Thanks
we assume the car's useful life is 5 years, what about after 5 years we are still using the car?