Whether you're new to accounting or just need a refresher, in this video, we’ll explain how to calculate it, why it's used, how it helps businesses plan for asset depreciation over time, and how it can benefit your financial strategy.
TIMESTAMPS
00:00 - 00:30 - Introduction to Straight Line Depreciation
00:30 - 00:58 - What is Straight Line Depreciation?
00:58 - 02:45 - Example of Straight Line Depreciation Calculation
03:05 - 05:26 - Impact on the Balance Sheet
05:29 - 05:55 - Impact on the Income Statement
05:59 - 07:01 - Impact on the Cash Flow Statement
Learn more about the topic here: www.wallstreetmojo.com/straight-line-depreciation-…
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