Depreciation – Part 1 | Basics of Depreciation | SLM & WDV Methods | CA Foundation | Gaurav Chauhan скачать в хорошем качестве

Depreciation – Part 1 | Basics of Depreciation | SLM & WDV Methods | CA Foundation | Gaurav Chauhan

📘 DepRECIATION – Part 1 | Basics, SLM & WDV Methods | CA Foundation In this video, we cover the fundamental concepts of Depreciation as per CA Foundation syllabus, explained in a simple and exam-focused manner. 🔍 What is Depreciation? Depreciation refers to the gradual decrease in the value of a fixed asset due to usage, passage of time, wear and tear, or obsolescence. It represents the allocation of cost of an asset over its useful life. 🎯 Need for Depreciation ✔ To show true and fair view of financial statements ✔ To match cost with revenue (Matching Principle) ✔ To calculate correct profit or loss ✔ To reflect reduction in asset value ⚙️ Causes of Depreciation 📉 Wear and tear due to usage ⏳ Passage of time 🚀 Obsolescence due to technology 🌪 Accidents and natural factors 📊 Factors Affecting Amount of Depreciation 🔹 Cost of the asset 🔹 Estimated useful life 🔹 Estimated scrap value 🔹 Method of depreciation used 🔹 Nature and usage of the asset 🧮 Methods Covered in This Video 🔸 Straight Line Method (SLM) • Equal amount of depreciation every year • Simple and widely used • Suitable for assets with uniform usage 🔸 Written Down Value Method (WDV) • Depreciation charged on reducing balance • Higher depreciation in earlier years • Suitable for assets with higher efficiency in early years 🎓 Best For: 📌 CA Foundation students 📌 Commerce students (Class 11 & 12) 📌 Students preparing from ICAI Study Material ▶️ Watch, Learn & Simplify Accounts With Us! 📺 YouTube Channel: 👉 Simplified Accounts with Gaurav 🔗    / @simplifiedaccountswithgaurav   📸 Instagram: 👉 simplified_accounts 🔗   / simplified_accounts   🔔 Don’t forget to Like 👍 | Share 🔄 | Subscribe 🔔 for more concept clarity & exam-oriented accounting videos. #Depreciation #CAFoundation #DepreciationBasics #SLM #WDV #StraightLineMethod #WrittenDownValueMethod #AccountingConcepts #ICAI #CAFoundationAccounts #CommerceStudents #SimplifiedAccountsWithGaurav #GauravChauhan