What is Depreciation ?
Answers were Sorted based on User's Feedback
Answer / rajkishote
depreciation is the diminshing value of fixed assets due to
wear & tear,
| Is This Answer Correct ? | 12 Yes | 0 No |
Answer / christopher daniel
depreciation is a amount maintain by a company for is fixed assets residual value.
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / dharmendra.ch(mancherial)
depericiation means loss on wearing & tearing of
an particular fixed asset during the accouting year
ex plant & machenary, (excluding land)
| Is This Answer Correct ? | 2 Yes | 0 No |
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.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / parushuram
Gradual reeducation in the value of fixed assets due to wear
and tear
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / antony
decrease in the value of assets due to tear and wear
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / mercy
indirect expenses that occur due to the gradual decrease in
the value of the fixed assets through wear and tear
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / pradeep gunuguntla
the reduction in the value of tangible fixed assets due to
wear and tear.
ex: furniture, machinery , land and buildings etc.
| Is This Answer Correct ? | 0 Yes | 2 No |
Is bank charges in accounting a direct expenses or indirect expenses
what is deferred income & deferred revenue expenses
What is the difference between costing and cost accounting?
HI FRIENDS CAN ANY BODY PASS THIS JOURNAL ENTRY: LOSS OF STOCK PLS PASS THIS JOURNAL ENTRY FRIENDS?
WHAT IS RTGS
Can anybody tell me the steps involved in Budgeting / Forecasting generally..?. Hints would be appreciated highly.
{in tally}in inventory info what is (stock group, stock categori, stock item,reorder levels) why we has to prepare them?
excess cash withdraw from bank for staff salary than remain amount deposited into bank., what will be journal entries for above transactions
we have paid diwali bonus by chq.. pls let me know how to enter the same in tally and in under which head..Explain pls
Journal entry for interest received
Here is a question i was asked below is the scenario need to enter journal entrries for both accounting system Cash and Accrual :- 1) Landlord A/c 2) Tenant A/c 3) Bills Receivable A/c 4) Cash A/c 5) Bank A/c Situation:- 1) Bill is created. 2) Bill is sen to the tenant, journal entry =? 3) Cash is received from the tenant, journal entry=? 4) Receipt is created. 5) Receipt is sent to the tenat, journal entry=? Its urgent, please help.
WHAT IS THE ENTRY TOWARDS PAYMENT OF A BRNAD AMBASSADOR OF A COMPANY
10 Answers Hindustan Unilever Limited, HLL,