The Briefing - A Podcast From The Ministry Of Hustle

Depreciate to Dominate!

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Hang in There Guys.
Mike and Greg discuss depreciation. It’s gonna get a little intense but this is worth knowing.
In this episode, you’ll discover:
  • Mike is the sultry one.
  • What happens when Mike and Greg discuss something a kinda boring after 2 hours of recording more interesting podcasts
  • Depreciation spreads the cost of a big purchase over its usable life.
  • Every time Mike says “Okay, so…” take a shot.
  • Greg tampers with powers he does not understand.
  • But then he helps explain this complex concept more simply than Mike
    • Helpful Links:
    • Double Entry Bookkeeping
    • Durable
    • Capitalize
    • Profit & Loss
    • How to account for a loan – No affiliation with this firm, but the tutorial looks solid
    • Lessor
    • Straight Line & Double Declining Balance Depreciation
    • MACRS
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        • Thanks again to The Passion HiFi for providing our music for this episode.

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        The Briefing - A Podcast From The Ministry Of HustleBy The Ministry Of Hustle