How to Calculate Straight Line Depreciation Using a Formula in Excel 3 Methods

Another factor affecting straight line depreciation calculations is the salvage value. The salvage value, also known as the residual value, represents the estimated amount an organization can sell the asset for at the end of its useful life. By taking the salvage value into consideration, the depreciation calculation is done on the depreciable cost […]


What Is Financial Accounting? Definition, Principles, Statements

It is measured using specific ratios such as gross profit margin, EBITDA, and net profit margin. The regulatory bodies have stated some basic principles to standardize the process. In the US, companies follow the guidelines of GAAPGAAPGAAP (Generally Accepted Accounting Principles) are standardized guidelines for accounting and financial more. The typical activities involved in accounting […]