In this video, we’ll review how to calculate depreciation expense, accumulated depreciation, and book value using the following methods; Straight-Line, Double-Declining Balance, Sum of the Years’ Digits, and Units of Production (also known as Units of Activity). Additionally, you’ll see how to calculate partial and full year depreciation for each method. Sum of the Years’ Digits is sometimes taught in your first accounting class…you can skip Sum of the Years’ Digits method if you’re not required to learn it for your class. See the image below for the examples covered in this video.

Video length in minutes: 25:59