Placeholder Image

字幕列表 影片播放

  • what everybody?? We back for some more action. Let's go !!!! Now

  • we're going to Depreciate what we did in the previous accounting video, we're

  • going to Depreciate this truck, in the next video i'll say how we came up with a

  • Depreciation, but let's just say, that we came up with our

  • depreciation. Depreciation is going to be five thousand dollars for the year.

  • alright, the truck Depreciates 5,000 year

  • ok , so what's the journal entry for that??

  • how do you do that?? ok, now let me fill you in on something

  • this truck is already on the books

  • ok, these are books, this is our Balance Sheet truck is already on there. you don't

  • touch the truck account unless you sell it. until you scrap it. or sell it. you

  • don't touch it when you do depreciation you lower the value with account called

  • accumulated depreciation which is a contra asset

  • ok , we have to do our DC/ADE/LER and if you don't know want this

  • is by now

  • shame on you, or watch my other videos. okay, SRS !!! where was I?

  • ok, so you don't touch the the actual truck account until you do

  • something with the vehicle, so Depreciate 5,000 year

  • and the journal entry for that, you've heard of, its an Expense, Depreciation

  • Expense

  • ok, so we're going to say here Depreciation

  • look, that's our debit right here, that's our debit expense

  • ok, Depreciation Expense for the truck, we say Depreciation

  • Expense, ok, we determine that it's gonna be five thousand dollars for this year

  • Depreciation Expense 5,000 and what's going to be our credit??

  • what's going to be our credit?? we're going to use a term called

  • Accumulated Depreciation. and it's going to accumulate, so it's going to go up

  • every year until it reaches a certain point. or you sell or whatever, but its the

  • first year it's on the books, so our Credit is gonna be Accumulated Depreciation you

  • Accumulated Depreciation that going to be 5,000 So that's our credit

  • alright, that's our credit, so you got Debit / Credit matches. now how's that look?

  • how's that gonna look on the Balance Sheet??? because now

  • your truck Depreciate $5,000 it was 30

  • so now it's only worth twenty-five thousand dollars, but please don't go

  • into the truck account, and less than that by five dollars, or 5,000 don't do

  • that, you do with Accumulated Depreciation, see this is the Journal

  • entry for

  • Depreciation. Debit: Depreciation Expense Credit: Accumulated Depreciation

  • this would be truck you want it because you're going to have different maybe

  • different Assets different things you accumulate so now this is how the the

  • Balance Sheet would look, if we if we did that, we're going to say this is

  • our only Expense, Depreciation Expense was our only expense for the year.

  • for this example, so you have a truck, then you have a you have

  • Accumulated Depreciation 5,000 the parentheses is a negative so then you

  • have 25,000 in your fixed assets

  • ok, so you didn't touch the truck account. you just messed with the Accumulated

  • Depreciation account for the truck.

  • okay, so anyways this isn't going to be 80 any more, because you're 15 cash and

  • twenty-five thousand in fixed Assets, it's going to be 75,000 Fucking rough 7

  • huh ??

  • Damn, i am getting big boy !!!!

  • your net income because you had an expensive 5,000 this is going to change

  • 15,000 doesn't Expense, it's going to lower your profit, your income, and that's

  • gonna change this to 75,000 So that's how you book a

  • Depreciation entry. PEACE !!!!!!!!!!

what everybody?? We back for some more action. Let's go !!!! Now

字幕與單字

單字即點即查 點擊單字可以查詢單字解釋

B2 中高級 美國腔

會計初學者#7 / 資產折舊 / 基礎知識 (Accounting for beginners #7 / Depreciating an Asset / Basics)

  • 24 6
    陳虹如 發佈於 2021 年 01 月 14 日
影片單字