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Depreciation Explained in Accounting | Methods, Journal Entry & Examples

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May 17, 2026
8:21

In this video, learn the complete concept of Depreciation in accounting with easy explanations, practical examples, and journal entries. Understand why depreciation is charged on fixed assets, different depreciation methods, and its effect on financial statements. This video is perfect for: ✔️ Commerce Students ✔️ Class 11 & 12 Accounting ✔️ B.Com Students ✔️ Tally Prime Learners ✔️ Beginners in Financial Accounting 📘 Topics Covered: What is Depreciation? Meaning & Importance of Depreciation Causes of Depreciation Fixed Assets in Accounting Straight Line Method (SLM) Written Down Value Method (WDV) Journal Entry of Depreciation Accumulated Depreciation Effect on Profit & Loss Account Effect on Balance Sheet Depreciation Examples Depreciation in Tally Prime 💡 Learn accounting concepts step by step in simple language with real-life examples. 👉 Like, Share & Subscribe for more Accounting, Commerce & Tally Prime tutorials. #Accounting #Depreciation #JournalEntry #TallyPrime #FinancialAccounting #Commerce #BalanceSheet #AccountingTutorial #FixedAssets #ProfitAndLoss

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Depreciation Explained in Accounting | Methods, Journal Entry & Examples | NatokHD