How to Calculate Depreciation Using REDUCING BALANCE Method | Diminishing Balance Method Tutorial

This video features How to calculate DEPRECIATION using the Reducing Balance Method. Diminishing Balance Method is also known as Reducing Balance Method. The amount of depreciation in reducing balance method is calculated by applying a fixed rate of depreciation on the book value of the asset each accounting period. This free video lesson is for the students of Class 11, Class 12, B.COM, BBA, Cambridge IGCSE, GCSE, O Level, As Level, A Level, IB, CBSE, GCE, Edexcel Accounting Syllabuses, and any other accounting courses. Accounting Celebrity features accounting lessons for students which is a convenient way to learn Accounting. -------- You can connect me on social media. Links are below- https://www.facebook.com/accountingcelebrity https://twitter.com/AccountingCele1 https://www.instagram.com/accountingcelebrity https://www.linkedin.com/in/ashiqur-rahman-mcom-mba-2973a962/ -------- #accountingcelebrity #accountingtutorials #reducingbalance -------- TIMESTAMPS-- 00:00 Intro 00:20 what's reducing method 02:31 Question description 03:54 depreciation 2021 05:28 depreciation 2022 07:03 depreciation 2023 -------- Accounting Celebrity https://www.youtube.com/c/AccountingCelebrity -------- Join My Facebook Group : https://www.facebook.com/groups/123159889735702 -------- Please Like, Subscribe and Share this Tutorial to Support me... ► Business Inquiries ONLY [email protected]