Methods of Depreciation

This lesson discusses the different methods of calculating depreciation expense. Students who take this lesson should already be familiar with the basic concept of depreciation. If you are not, you should first take the companion lesson, An Introduction to Depreciation.

Learning Outcomes

On completion of the lesson, the student will be able to:

1. List the four different methods of calculating depreciation.
2. Demonstrate the application of the four methods of depreciation.
3. Define basis, useful life, salvage value, and depreciable cost.