Depreciation?
Answers were Sorted based on User's Feedback
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 |
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 |
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 |
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 |
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 |
What is mean by bills receivable?
Answered but misspelled pl correct YOU CANNOT FIND CLOSING BALANCES OF ___________ACCOUNTS IN THE NEXT YEAR BOOKS(ANS.EEERVNU)
what is the difference between fund manager and portfolio manger
Define Accrual & what is accrual interest?
What Is The Limitation Of Remuneration Allowed If Book Profit Is 375850 In A Business Firm And In A Professional Firm?
break even point
Good will of Rs 100000 brought by D,a new partner was withdrawn by the partners in equal ratios.Pass required entries
fill in the Blanks Share Holders in Company have _____________Liability
WHAT IS MAT? PL. DON'T GIVE BRIEF NOTE.
what is the Meaning W.D.V in balance sheet.
In which account does tea and xerox will be taken into consideration
what is capital work in progress?