What is depreciation? What are the various methods thereof?
- 5 Answers
- 14542 Views
- I also Faced
- E-Mail Answers
Answer Posted / rakesh n. agrawal
depreciation means reduction in the valuev of a fixed asset
used in the business due to wear and tear is called
Depreciation.
METHOD OF DEPRECIATION
1. straight line method
2. diminishing balance method
3. annuity method
4. depreciation fund method
5. sum of digits method
6. revaluation method
7. depletion method
8. machine hour rate method
9. Weighted avweage method
10.sinking fund method.
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
what tax will be on puchasing of sweets and is necessery to use form 38.
An applicant paid excess amount to the Government Office through a demand draft for a particular permission/license instead of actual fees. Later he went to government office and requested to return the previously submitted demand draft. Can he get back the Previously submitted demand draft(which was not adjusted into government account) duly paying he actual fee?
what are the purpose for the preparation of cost centre ?
how to mention last year profit of ay private limited company in current year balance sheet ?
Mr. X buys an asset of Rs. 1000/- in cash and with it get an free gold coin what is the general entry for this?
You have joined company yesterday then you are Appling B1 visa today. why so urgent.
Expand---------BPCD
Short Answer on _____________Accident Insurance
Who is the maker of the promissory note
Expand-------SNAT
payroll calculation procedure explain completely?
Short Answer on _________Business
What is money measurement concept
The Closing stock balance on the cr side of Tarding Proft and Loss A/c due to this our revenue so when we isued the material or used in production then whats happen with closing stock(I think Closing Stock will dr after Isuabce/use materil in Production)if its correct tell me
what is joint venture?
