Interested to Buy Any Domain ? << Click Here >> for more details...
Give Example for Intangible assets that is depreciable?
- 5 Answers
- 12073 Views
- Genpact, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / vijendra
Goodwill is a good example of intangible assets...
| Is This Answer Correct ? | 34 Yes | 4 No |
Answer / h.r. sreepada bhagi
Charging off intangible assets to P&L A/c is called
amortization. It's similar to charging off Depreciation on
Fixed (Tangible) Assets. Patents, Copy Rights, Goodwill,
etc. are some of the example. Even Preliminary Expenditure
is an intangible asset and is charged of to P&L A/c of more
than one Accounting year (5yrs., 10yrs., etc.)
| Is This Answer Correct ? | 20 Yes | 0 No |
Answer / sameer
to my knowledge intanganble assets never gets depreciated they are written down
| Is This Answer Correct ? | 19 Yes | 5 No |
Answer / sanjeev kumar mahajan
Reponses to the above query by Sameer and H.R Sreepad..
Bhagi,,. are sustained and i think Vijendra couldn't get
the question that's why has given a diplomatic answer.
question has clearly prescribed the word Intangible assets"
and intangible assets are amoritised not depreciated.
Further Adding if goodwill have been acquired then it is
shown in books and amortised.Self generated goodwill are
not shown in the books as per Accounting Standard 26 as per
IcAI. Thus, question for amortisation of self generated
goodwill don't arises.
Sanjeev Kumar Mahajan
09911700517
| Is This Answer Correct ? | 9 Yes | 0 No |
Answer / md asif ali
deprication can not done on intangeble asset. calculate
deprication on asset, The asset which decrease this value
permenently by use of asset,accdently,exhortion of asset.etc
| Is This Answer Correct ? | 4 Yes | 2 No |
What is direct tax & indirect tax
in which group under we will open donation and hamali weekly payment account or ledger
An accountant used the horizontal layout to create a balance sheet. The capital of the owner was shown next to the liabilities, the confused owner argues, "My capital is my major asset and should be shown as an asset on the statement of financial position. how to begin explaining the misunderstanding to him????
in tally where depreciation can shown? and how it can be shown?
Cheque is a----------negotiable instrument
My balance sheet is tallied. But there is a difference of RO 1 in cash flow. How to adjust ?
Differents between Equity Share and Preference Share Capital?
What is SLR?
Hi friends, Could you please suggest the best institute for SAP CO near ameerpet?
how to create a profit and loss a/c
what is journal entry for bank charges
25 Answers Bhoruka Aluminium, Genpact,
How do you set the increment point in appraisal of salaries. It becomes so difficult for the employer to hear again and again about increment
Audit 
