Answer / rajkishote

depreciation is the diminshing value of fixed assets due to
wear & tear,

Answer / christopher daniel

depreciation is a amount maintain by a company for is fixed assets residual value.

Answer / dharmendra.ch(mancherial)

depericiation means loss on wearing & tearing of
an particular fixed asset during the accouting year
ex plant & machenary, (excluding land)

Answer / cll

the estimable reduction from historical cost due to wear and
tear or obsolisence of a tangible assets based from its
expected life excluding its salvage value.

Answer / parushuram

Gradual reeducation in the value of fixed assets due to wear
and tear

Answer / antony

decrease in the value of assets due to tear and wear

Answer / mercy

indirect expenses that occur due to the gradual decrease in
the value of the fixed assets through wear and tear

Answer / pradeep gunuguntla

the reduction in the value of tangible fixed assets due to
wear and tear.

ex: furniture, machinery , land and buildings etc.

When you prepare Profit and loss A/C either you will get profit or loss but not both.Then why we are saying it as profit AND loss A/C,why cannot we say it is as Profit OR loss account?

0 Answers  

What is the SAP Account?

0 Answers   Banking,

"Cheque deposited in to bank" How can i make a entry in tally when like this entry came

1 Answers  

what is the manual procedure for accounting

0 Answers  

Please give me as example of service tax & Vat Posting through Tally.

0 Answers  

What is the diffrence between Suspense a/c and imprest a/c

2 Answers  

whether depreciation is fundfolw or cashfolw?

2 Answers  

how long we keep invoices for recivables and there is any neccesary to keep delivery challans

2 Answers  

IS there any duty on freight charges on import duty? If yes, what is the percentage?

4 Answers  

how to enter the tender refund amount in tally ?

0 Answers  

what is capital employed?

3 Answers   Capital IQ,

Under which head the cleaning expenses will come in accounts

4 Answers