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 Audit interview questions  Audit Interview Questions
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 Accounting General interview questions  Accounting General Interview Questions
 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question
explian depriation? asked on 30/7/09
 Question Submitted By :: Rajasri.muddu
I also faced this Question!!     Rank Answer Posted By  
 
  Re: explian depriation? asked on 30/7/09
Answer
# 1
Depriciation is the amount deducted or decreased from the 
total value of a assest every financial year.Depriciation 
is of two types 
1)writen down value method-dep on dep is called wdv
2)straight line method-dep will be the same for every year
 
Is This Answer Correct ?    9 Yes 0 No
Burhan
 
  Re: explian depriation? asked on 30/7/09
Answer
# 2
Depreciation is a non-cash expense that reduces the value 
of the asset as a result of wear & tear or its age.
 
Is This Answer Correct ?    3 Yes 1 No
Srinivas Annavarapu
 
 
 
  Re: explian depriation? asked on 30/7/09
Answer
# 3
depreciation is the deduction for wear or tear or lapse or 
use of the good or anything.
 
Is This Answer Correct ?    2 Yes 0 No
Guest
 

 
 
 
Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
what is the meaning of LIQUIDITY? what is merger, acquisition & amalgamation? what is the differnce between them? WHAT IS THE TAXABLE VALUE OF THE FOLLOWING FRING BENEFITS FOR FRINGE BENEFIT TAX ? a) CONCESSIONAL TICKET PROVIDED BY THE EMPLOYER FOR PRIVATE JOURNEY OF An EMPLOYEE AND HIS FAMILY MEMBERS. b) GIFTS AND SCHOLARSHIP. Capital-IQ8
Sales Return is asset or laibility IBM2
can debenture is cenverted into share?if yes? how?  1
what is the sundry creditors for expenses ans with examples  2
what is WIP? Genpact2
Briefly explain about Stok valuation.  5
Expand ________FCD  1
Kindly solve the following problem. Financial accounting. 1. Bheema does not maintain his book in the double entry system . His books showed following facts. Receipts for the year ended 31.12.2007 from sundry Debtors 17625.00 Cash sales 4125.00 paid by bheema (proprietor) 2500.00 total 24250.00 payments made for the year ended 31.02.2007 new machinery purchased 625.00 drawings 1500.00 wages 6725.00 salaries 1125.00 interestpaid 75.00 telephone 125.00 Rent 1200.00 lighting 475.00 sundry expenses 2125.00 sundry creditors 7625.00 total 21600.00 Assets and Liabilities As on 31.12.2006 As at 31.12.2007 sundry creditors 2525.00 2400.00 sundry Debtors 3750.00 6125.00 Bank 625.00 ? stock 6250.00 3125.00 plant 7500.00 7315.00 from the Above data , prepare TRADING A/C, PROFFIT & LOSS A/C for the year ended 31st december 2007 and the BALANCE SHEET as on on that date. Kindly solve the problem  1
what is net profit? Genpact15
what is meant by fixed deposit?  2
WHAT IS THE LIMIT OF CC A/C  1
what do u mean the word accounting.  1
What is accounts?  3
what is the bills payble and bills receivable  1
waht i mean by bill's Paybles  2
if closing stock appears in the trial balance what is the sollution HCL4
What is mean by bills receivable? RRDonnelley4
EXPAND___________LTTE  1
What is provision and reserve and how u treat in account Capital-IQ6
How to prepare monthly P&L and Balance Sheet (I am using Tally 7.)2. Please guide me in detail(step-by-step) from JV to finalization and also how to start on the first day of the next month if we close the books in the previous month.  1
 
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