Sum-of-the-Years Digits Method of Deprecation
In this series, Academic Expert Carol Sargent introduces us to Sum-of-the-Years’ Digits Depreciation, the third section of her Depreciation Super-Series. Carol introduces her audience to a third type of depreciation, the sum-of-the-years’ digits method. Formulas for calculating this alternative method are included, along with interactive examples. This video lecture is ideal for any students enrolled in college or university level accounting or business programs.
In this series: 2 Videos | 00:05:51 Total Length
In this video a third method of depreciation, Sum-of-the-Years' Digits, is introduced and explained. The formula for calculating this method is revealed, and it is explained that Sum-of-the-Years' is a quicker method of depreciation.
An example of Sum-of-the-Years' is presented and solved.