what is depriciation?explain all methods of depriciation?and
give more dwtais about depriciation?
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Answer / sivasis rath
depriciation means reduction in the value of asset over the
period due to use,wear and tear etc.
Methods Of Depriciation
1 straight line method
2 written down value method
3 sinking fund method
4 depletion method etc.
| Is This Answer Correct ? | 12 Yes | 1 No |
Answer / k s reddy
depreciation is a gradual decresing value of an
asset,there are two major methods to calculate
depreciation 1)fixed installment method 2)diminishing
balnce method.
FIM:asset value*depreciation % or
FIM:asset value+installation expenses+repairs-scrap/life
period of an asset.
DBM:balnce b?d value of an asset*depreciation %
| Is This Answer Correct ? | 7 Yes | 2 No |
Answer / rahul jaiswal
Depriciation is a indirect expense which depriciate fixed
assets value is called depreciation.There are two types
methods of depriciation:
Straight Line methods
Written Down value methods.
And there are charge for fixed assets then accounting entry
done i.e
Depriciation A/c---Dr
To Fixed assets A/c
| Is This Answer Correct ? | 8 Yes | 3 No |
Answer / rizwan ahmed
depriciation is the estimated value of services which was
assets deleverd
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / srikanth
depreciation is a machine scrap and total life of the asset
decresing is called dericiation
types:
fixed based
temporary based
| Is This Answer Correct ? | 6 Yes | 6 No |
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