how many types of depreciation?
Answers were Sorted based on User's Feedback
1 Straight-line depreciation
2 Declining-Balance Method
3 Activity depreciation
4 Sum-of-Years' Digits Method
5 Units-of-Production Depreciation Method
6 Units of time depreciation
7 Group Depreciation Method
8 Composite Depreciation Method
Is This Answer Correct ? | 65 Yes | 26 No |
Answer / harish
Straight line method and written down value method
Is This Answer Correct ? | 69 Yes | 37 No |
Answer / bhaskar
1 Straight-line depreciation
2 Declining-Balance Method
3 Activity depreciation
4 Sum-of-Years' Digits Method
5 Units-of-Production Depreciation Method
6 Units of time depreciation
7 Group Depreciation Method
8 Composite Depreciation Method
Is This Answer Correct ? | 25 Yes | 15 No |
Answer / sampath
There are four methods of depreciation they are:
1)Written down value method
2)Fixed installments Methods
3)Annuity method
4)sinking fund method
Is This Answer Correct ? | 27 Yes | 23 No |
Answer / sahib kaur
Depreciation is explained in both accounting and economic terms.
There are two types of depreciation in terms of real capital assets namely; physical depreciation and functional depreciation. The physical depreciation is the total loss in market value which is caused due to some of the physical activities. This depreciation involves any kind of repairs that involve cost. In this depreciation there are two kinds, one that is curable and the other that is incurable. The curable one is the one, which can be corrected economically. The other, which is the incurable, involves huge amounts of cost. Subsequent the Functional Depreciation is the total loss caused by inadequate design.
In the subject of accounting there are two types of depreciation; Book Depreciation and Tax Depreciation.
Book Depreciation is done for the reference of the company in order to report its financial records to its share holders, stockholders, etc.
Tax Depreciation is simply done for the reason of collecting taxes.
Is This Answer Correct ? | 7 Yes | 4 No |
Answer / pankaj malviya
There are three methods of depreciation they are:
1. Straight-line depreciation
2. Written down value method
3. Annuity method
Is This Answer Correct ? | 20 Yes | 18 No |
Answer / suraj shaik
DEPRECIATION ARE BROADLY CLASSIFIED IN TO 9 TYPES
1.STRAIGHT LINE METHOD
2.W.D.V. METHOD
3.REVALUATION METHOD
4.INSURANCE POLICY METHOD
5.SINKING FUND METHOD
6.DEPLETION METHOD
7.DEPRECIATION FUND METHOD
8.SUM OF DIGIT YEAR METHOD
9.
Is This Answer Correct ? | 19 Yes | 20 No |
difference between contra entry and double entry?
what is the meaning of P/V Ratio?
25 Answers Chartered Accountant, Deloitte, eForum, GIC, Infosys, TCS, Wipro,
what is the system of accounting and banking in cooperative bank?
Accrued. What is it? Explain the word
Expand ________DGFT
deffered tax treatment in financial statements
Define the PROFIT.
how u will identify the duplicate invoice, on what basis?
What is Portfolio? What is the Portfolio Management style? Explain Briefly the investment Process?
Explain "debit what comes in credit what goes out"
What is MIS reports. How can we make it and what is process to make it and what is the advantage of it in business world
after directing tally 9 to calculate interest as per 30 day option basis on a loan account.........,it still calculates interest as per calender month when checked on to display>statements of accounts>interest payable in tally 9 ...where is the error?? how to correct the function.