DEPRECIATIONDEPLETIONAMORTIZATION CONCEPT
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Lecture 3 Depreciation, Depletion, Amortization Concept • Caption: Depreciation allocates cost of tangible assets over useful life. Depletion applies to natural resources. Amortization allocates cost of intangible assets. They help report expenses and income accurately, determine book value of assets, and avoid misrepresentation in financial statements. • Keywords: Depreciation, depletion, amortization, allocation, tangible assets, natural resources, intangible assets, useful life, accurate reporting, financial statements, book value, misrepresentation. • LECTURE 1 FICTITIOUS ASSETS • • Fictitious Assets • • LECTURE 2 SHARE MARKET • • SHARE MARKET • LECTURE 3 DEPRECIATION::DEPLETION::AMORTIZATION::CONCEPT • • DEPRECIATION::DEPLETION::AMORTIZATION... • LECTURE 4 ACCOUNTING TERMS • • Accounting Terms II Nitin Goel • LECTURE 5 RULES OF DEBIT AND CREDIT • • Rules of Debit and Credit • LECTURE 6 OUTSTANDING EXPENSE • • Outstanding Expense • LECTURE 7 OUTSTANDING INCOME • • Outstanding Income • LECTURE 8 PREPAID EXPENSE • • Prepaid Expense • LECTURE 9 UNEARNED INCOME • • Unearned Income • Accounting MCQs Video 1 : • MCQs Accounting and Finance 1 • Accounting MCQs Video 2: • MCQ Accounting and Finance 2
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