What is accumulated depriciation
- 2 Answers
- 3666 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / tapan kumar roy
The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.
Depreciation is the Profit & Loss item on the otherhand Accumulated depreciation is the Balance Sheet item.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / raju
accumulated depreciation is a depreciation of fixed asset on the life cycle basic.the rate of depriciation on plant and machinary,motor car, computor, the all fixed assets depreciate in assasment year.
| Is This Answer Correct ? | 0 Yes | 0 No |
What qualification do you need to become an accounting professional?
who is the supreme commander of Indian Armed Forces?
capital is a assets but its shows in liability side. why?
WHAT IS OPERATING CYCLE?
how would you describe youself
How does Cheques work while processing it in SAP? What are the effects and the methods.
what is the difference between accounting and finance?
Following information is given to you: Year - Sales - Cost 2009 - 200000 - 205000 2010 - 300000 - 310000 Calculate: 1. P/V Ratio 2. BEP 3. The amount of profit or loss were sales are Rs. 325000 4. The amount of sales required to earn a profit of Rs. 5000 5. Margin of Safety for the year 2010
Is the Bills payable is personal account ?
2 Answers Income Tax, Josts Engineering Company,
Where do we create House banks and what is the process in sap fico
How can I pass the journal entry for Work in progress. I would like to know that where should be the debit and credit allocated in accounting system. eg. WIP debit will be under asset a/c in balance sheet what about credit? pls.help me
adjustment entry showing in tally such as outstanding salary prepaid salary etc.
Audit 
