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How do we calculate straight-line depreciation? What is depreciation? How do I book depreciation on T-accounts? What causes a loss in value? Depreciation is a loss in value of our fixed assets and is booked as an expense in the balance sheet. It is therefore completed via the P&L account and reduces our profit. #bwl #accounting #simplyexplained #booking #easy #profit #guv #herrtafelschwamm ____________________________ I really hope that this video has helped you to understand the topic better 🙂 Since I am certainly not infallible, I am always grateful for praise and criticism so that I can do it either just as well or even better next time 😉 If you have any topic requests because you have a class test or an exam coming up or you simply want to know more about a particular topic, please write to me in the comments under the videos or directly by message on Instagram: @herrtafelschwamm / herrtafelschwamm Attached you will find a few playlists that might also help you. I will gradually expand the playlists, as I still have countless videos in my head that I would like to implement 😉 You can find the complete overview of the playlists under the following link: https://www.youtube.com/@herrtafelsch... Videos on external accounting / posting entries and posting on T-accounts: • Basics of external accounting... Exercises on external accounting as preparation for class tests: • Exercises on external accounting... Videos on cost and performance accounting (KLR): • Cost and performance accounting - From th... Videos on business administration: procurement and warehousing: • Business administration: procurement and warehousing - V... Videos on business administration: financing and investment • Business administration: investment and financing - A...