Watch the following youtube link to methods of depreciation https://www.youtube.com/watch?v=6SY8s1_OEro
Discuss the contents of the video in your groups (groups of four-4)
The following task must be divided equitably among the group members
- Clearly define the term depreciation.
- List at least three (3) causes of depreciation.
- Define fixed assets and give four (4) examples.
- Explain the methods to calculate depreciation and know their formulas.
The following are additional links to aid in the contribution of information.