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 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question
whats is depreciation? formula for calculating deprecation
?
 Question Submitted By :: Monty
I also faced this Question!!     Rank Answer Posted By  
 
  Re: whats is depreciation? formula for calculating deprecation ?
Answer
# 1
Depreciation   Value of the asset - scrap value
             ______________________________           

                  Total numer of years  

 Depreciation means permanent fall in the value of the 
asset.
 
Is This Answer Correct ?    19 Yes 0 No
Rakesh
 
  Re: whats is depreciation? formula for calculating deprecation ?
Answer
# 2
Depreciation is the reduction in the value of asset year by 
year due to wear & tear, absolecense etc

FORMULA

Depreciation = Total Value of the Asset - Scrap Value
               _______________________________________
                  
                  Life Time of the Asset(in years)
 
Is This Answer Correct ?    16 Yes 0 No
Ullas Patil Kulkarni
 
 
 

 
 
 
Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
How to Calculate Turnover? TATA4
what is the order for cashflow statement Capital-IQ2
Expand DPCO  1
Which is the better corporate business entity to chose for tax advantages - C Corp or S Corp?  1
what is meant by credit derivative? Wipro1
HIREPURCHASE VS INSTALMENT PURCHASE  3
What is Waybill? from where we will get waybil?what is the procedure of waybill?if we want to transfer a stock from Hyderabadbranch to gurgon branch with in same copmany what all procedure we have to follow?  3
Expand---------DBPC  1
What is BRS? What is the use of BRS?  1
What is Scientific Purchasing?  1
What is deffered tax liability and how it is adjusted in future.Should we take it as part of networth  1
tell me about share?  3
Expand H U F  3
TDS RECEIVED WHERE WE HAVE TO SHOW IN BALANCE SHEET  5
What is Goodwill? If it is treated as asset in Balancesheet then what is on its opposit side i.e. liability side. TCS6
what do you mean by suspense account? AXA3
I am a non commerce graduate acting as office manager in a construction company. I am interesting to learn accountancy thru short cut methods and in a short duration. Can any body there to help me. I will be pleased to receive any sugessions and learning tips to my e-mail  1
define cost of goods sold Genpact7
why share capital shown in liability side of a balance sheet  7
what is VAT ? Genpact11
 
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