Units of Activity (Production) Depreciation | Accounting How To | How to Pass Accounting Class

Units of Activity (Production) Depreciation | Accounting How To shows how to compute Units of Activity or Units of Production Depreciation using three examples of assets. It discusses how Units of Activity Depreciation method impacts the income statement and balance sheet. It provides information on the benefits and complexity of using Units of Production as a depreciation method. This video is part of a five-part series covering all aspects of depreciation. This is an accounting tutorial for accounting students, business owners, and bookkeepers to explain accounting basics for beginners. Featuring Terrance the T-Account Rex and accounting educator, Caroline Grimm, this accounting tutorial is part of the playlist series How to Pass Accounting Class and Understanding Adjusting Journal Entries. ⏰ Accounting How To Time Stamps: 00:00 Introduction 01:00 Depreciation Example #1 Ford F350 05:18 Depreciation Example #2 Hobart Mixer 08:09 Depreciation Example #3 Forklift 🏋 Depreciation Exercises: Download the spreadsheet: https://docs.google.com/spreadsheets/d/17Yy-Fja68XNibWJ1X_oIVx5Ex76QHkygqtRjv3ZSR8Y/edit?usp=sharing 🎥 Accounting How To Playlists 🎥 Depreciation Methods Playlist https://youtube.com/playlist?list=PLPDomDzptO10JO-F-YYtIlnhZEkROlIxW