What is Depreciation ?

Answer Posted / cll

the estimable reduction from historical cost due to wear and
tear or obsolisence of a tangible assets based from its
expected life excluding its salvage value.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Explain what makes a successful account manager?

625


Define overhead in terms of accounting?

620


Explain the concept of responsibility accounting

638


bank releted question interviw plz tel me

2034


how to prepare for accontant examinations

1642






what are the voucher entries for depreciation in tally and when?

2057


Hai Experts can any one send me some finance interview questions ,my mail id is c.sujatha2008@gmail.com,please send quickly it's so need.

1417


saji become insolvant -what is journal entry

1259


what is account reconcillation

1698


What is a comprehensive income?

646


How to post salary advance transfer from one branch to another branch ?

1023


6. Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?

1581


Hi wht r da questions which are mostly asked in an Accounts related job for freshers?

1513


Sir i want to ask that if the salary above 6500/- than also pf deduct.

1419


Tell me what is trial balance in accounting?

643