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Depreciation?

Answers were Sorted based on User's Feedback



Depreciation?..

Answer / kanakaiah

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 ?    21 Yes 0 No

Depreciation?..

Answer / kumar cms

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 ?    4 Yes 0 No

Depreciation?..

Answer / mahi

Depreciation means reduction in value of asset due to wear & tear , obsolesce etc.
its entry :-
Depreciation a/c Dr.
To Machinery a/c

Is This Answer Correct ?    3 Yes 0 No

Depreciation?..

Answer / rahul baba

Depreciation Reduce The velue of Assets and Value of the Assets in Every years Reducing Value. for exp. Machine, Vehicle. Exc

Is This Answer Correct ?    0 Yes 0 No

Depreciation?..

Answer / rahul baba

Depreciation is a expenses and it is a Reduce value of the an Assets.

Is This Answer Correct ?    0 Yes 0 No

Depreciation?..

Answer / guest

means loss on sale of assets..

Is This Answer Correct ?    0 Yes 1 No

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