Tell me about yourself and what is golden rules of accounting and depreciation methods in accounting.

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I am a detail-oriented professional with a strong background in accounting. The golden rules of accounting are the principles that guide the process of recording financial transactions accurately. Depreciation methods in accounting are used to allocate the cost of tangible assets over their useful lives.

Golden rules of accounting include the principles of Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; and Debit expenses and losses, Credit income and gains.
Depreciation methods in accounting include Straight-Line Depreciation, Double-Declining Balance Depreciation, and Units of Production Depreciation.
Each depreciation method has its own advantages and disadvantages, and the choice of method depends on factors such as the asset's expected usage and residual value.

Tell me about yourself and what is golden rules of accounting and depreciation methods in accounting.

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