WHAT IS DEPRICIATION?
Answers were Sorted based on User's Feedback
Answer / guest
"Depriciation denotes gradually and permanent decreases in
the value of asset due to wear and tear, technology
dhanges, laps of time and accident"
| Is This Answer Correct ? | 20 Yes | 1 No |
Depreciation Means decrease in the value of Asserts
For example, cars tend to depreciate over the course of
several years of ownership. Factors like wear and tear, the
conditions of the market, and age can all have an impact on
depreciation. Some assets grow more valuable or appreciate
over time, such as real estate.
| Is This Answer Correct ? | 9 Yes | 3 No |
Answer / sheetal kumar garg
DEPRICIATION MEANS DECREASE OF VALUE OF ASSET.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / m.fahim khan
this is the decrease in the value of assests due to useage.
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / samreen
Depreciation is a measure of the wearing out, cosumption or
other loss of value of a depreciable asset arising from
use, effluxion of time or absolescence through technology
and market changes.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / dilip vishwakarma
Deprecation is the gradual and permanent and decrease in to the value of Assets from any cause.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / vineegautam.gautam
depriciation is the value which is deduct the cost of goods
at the end of every year
| Is This Answer Correct ? | 0 Yes | 2 No |
Answer / kamlesh pandey
DEPRICIATION IS A VALUE WHICH IS DEDUCTED OF FACE VALUE OF
ANY ASSETS
| Is This Answer Correct ? | 0 Yes | 3 No |
Was there a time when you lost the chance to engage a prospect? What happened and what did you learn?
Explain the meaning of long-term notes payable is or long term liabilities?
As you know executive accounting?
Define the term material facts in accounting?
Name three (3) fixed-income security data points, which are different from those provided for equity securities
what is loan operations and what are the complete process form from making customer to closure of loan
What is Tax Audit ? Please Explain.
WHAT IS THE MEANING OF ACCOUNTING
I have deducted Notice pay Rs. 5000/- in which account to be booked the same enty, what is the head for notice pay in profit and loss a/c.
is WCT aplicable on educational institutions also??????
A is vendor of B. B owes him 50000/-. A asked B to conduct an event on his behalf and the expenses incurred by B was 25000/-. A issued a credit note in favour of B in full , stating that TDS done @10% on 25000/-. Now , B has to settle A's balance. 1.Entries in the books of B 2.How much B repaid to A for settlement and the Entry in his books.
By saying, perpetual or periodic inventory system; what do we mean?