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Categories  >>  Accounting  >>  Accounting AllOther
 
 


 

 
 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 
Depreciation?
 Question Submitted By :: A.santosh
I also faced this Question!!     Rank Answer Posted By  
 
  Re: Depreciation?
Answer
# 1		 
Depreciation has been defined as the diminution in the 
utility  or value of on asset due to natural wear and tear, 
exhasution of subject matter , efflection of time accident 
obselesence or similar cases. 

Depreciation in two different senses and accept the 
suggestion, that some accountants have made in the past to 
describe the diminution resulting from the use of assets 
as "wear and tear or expired capital outly.
 
Is This Answer Correct ?    18 Yes 0 No
Kanakaiah
 
  Re: Depreciation?
Answer
# 2		 
Depreciation: Reduce the value of an asset. Depreciation 
caluculated by two methods 1). Strite line method or face 
value method, 2). Writen down value method
 
Is This Answer Correct ?    0 Yes 0 No
Kumar Cms
 
 
 

 
 
 
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