WHAT IS DEPRICIATION?

Answer Posted / samreen

Depreciation is a measure of the wearing out, cosumption or
other loss of value of a depreciable asset arising from
use, effluxion of time or absolescence through technology
and market changes.

Is This Answer Correct ?    0 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

i have selected jr. accountant/ auditor in ssc graduate level 2008 scheme b. but i have not yet received deptt. memo and also appointment letter. when it will be come??? how much time???

1517


Tell me what is ledger?

3409


whether sale and purhases of cf agent are his and he is liablte to pay VAT on sale of goods and pay the tax to govt collected by him one more being receiving commission of saleproceed during the year whose stock would be it it is of c f agent or principal manufctrurer who has send the goods to sold on his behalf

1366


8. What is the difference between: a. Direct Costing Method and Absorption Method. b. Fixed Cost and Variable Cost.

1386


Mention what are things will not be included in a bank reconciliation statement?

668






plz can some one tel me "The concept of stock holder's equity and paid in capital".

2860


What is debit and credit note?

686


explain circumstances under which dissolution of solvent and insolvent partners are applicable using garners v/s murray rule

1793


India me ,suppose that hmare pass 190000 Rs hai,to kitna tax lgega,or kis heshab se lgega,

1681


What is cost accountancy? What are the objects of cost accountancy?

596


Calculate the missing figures for company A. A Sales (TSR) (a) Total Variable Costs (TVC) (b) Total Fixed Costs (TFC) $24,000.00 Profit $0.00 Units Sold 1,000.00 Contribution Margin Per Unit (CMU) (c) Contribution Margin Ratio (CMR) (d) Break-Even Point (BEP) (Units) (e) Break-Even Point (BEP) (Dollars) $60,000.00

1712


What is peach tree accounting?

644


I purchased a machine and finance it by bank with the amount 1900000 and bank apply the finance charge 440000 for 3 years finance how to pass this entry still machine value is 2200000 is finance charge is interest (indirect exp.) pls help me.

1374


What is the general entry for charge on bank overdraft

958


What are the four classifications of bad and doubtful debts as per the context of the bank?

690