Course Outline
Join PRO

Depreciation (Topic Outline)

0

Topic Outline

Join PRO to Track Progress
Read our In-Depth Explanation Free

Our Explanation of Depreciation emphasizes what the depreciation amounts on the income statement and balance sheet represent. Learn why depreciation is an estimated expense that does not assist in determining the current market value of assets.

Take our Practice Quiz Free

This 20-question quiz is a fast way to assess your understanding of the Depreciation Explanation. It's also a great warmup for our Quick Tests.

Read our Bookkeeping Study Guide

Our Bookkeeping Study Guide captures the most important concepts associated with bookkeeping. Whether you are just learning or you want to refresh your skills, this guide will be a great assist on your bookkeeping journey.

Review our Q&A Free

We've answered 89 popular questions related to the topic Depreciation. Review them all or use the search box found at the top of each page of our website for your specific questions.

Review our Flashcards

Our flashcards for the topic Depreciation will help you master key terms and definitions. You can view them on any device or print them.

Solve our Word Scrambles with Coaching

This word scramble is a great way to review and retain the terminology associated with Depreciation. The coaching feature provides you with a brief description and an example.

Solve our Crossword Puzzle #1

We created this crossword puzzle for you to learn, review, and retain terminology for the topic Depreciation in a more fun format.

Solve our Crossword Puzzle #2

We created this crossword puzzle for you to learn, review, and retain terminology for the topic Depreciation in a more fun format.

Solve our Crossword Puzzle #3

We created this crossword puzzle for you to learn, review, and retain terminology for the topic Depreciation in a more fun format.

Review our Sample Business Forms

We include a form for each of the following depreciation methods: straight-line, double-declining balance, sum of the years' digits, and units of activity. All of our business forms contain an Excel template, a blank PDF form, and a filled-in PDF form.

Review our Cheat Sheet

Our Depreciation Cheat Sheet discusses some of the terms, assumptions, and estimates associated with the depreciation of assets used in a company's business.

Take our Quick Test #1

This graded 20-question test measures your understanding of the topic Depreciation. Discover which concepts you need to study further and enhance your long-term retention. All of our quick tests can be taken online and/or printed.

Take our Quick Test #2

This graded 20-question test measures your understanding of the topic Depreciation. Discover which concepts you need to study further and enhance your long-term retention. All of our quick tests can be taken online and/or printed.

Take our Quick Test #3 with Coaching

This graded 10-question test provides coaching to guide you to the correct answers. Use our coaching to learn the WHY behind each answer and deepen your understanding of the topic Depreciation.

Earn our Depreciation Certificate of Achievement

Preparing for this 40-question certificate exam will increase your understanding, retention, and recall of important details and procedures pertaining to depreciation. Passing the exam will demonstrate that you understand the purpose of depreciation, why it is known as a noncash expense, and what is indicated by the depreciation amounts reported on the financial statements.

Earn our Depreciation Certificate of Achievement

Features

Free

PRO

Lifetime Access (One-Time Fee)
Explanations
Quizzes
Q&A
Dictionary
Bookkeeping Video Training
Financial Statements Video Training
Visual Tutorials
Quick Tests
Quick Tests with Coaching
Cheat Sheets
Flashcards
Crossword Puzzles
Word Scrambles with Coaching
Bookkeeping Study Guide
Managerial and Cost Accounting Study Guide
Certificates of Achievement
Bookkeeping Certificate of Excellence
Business Forms
Printable PDF Files
Progress Tracking
Motivational Badges and Points
Motivational Medal Rankings
Motivational Activity Streaks
Public Profile Page of Achievements

About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

Learn More About Harold

Read 3,033 Testimonials

PRO for Teams
  • Easily onboard new users and team admins
  • Monitor individual user progress and grades
  • Monitor team progress and compare users
  • View average grades and find problem areas
  • Monitor recent activity and user achievements
PRO for Teams
Take the Tour Join Pro Upgrade to Pro