Why don't calculate the depreciation on Land & Devlopment.?
Explain.

Answer Posted / saichetan

the land will always appreciate the value

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the difference between personal account real account and nominal account?

645


What is the difference between a cash flow statement and an accural profit & loss account ? And why do simple organisations do not feel the need for a profit and loss type of statement ?

1629


Revenue Expenditure

1652


My question is on Opening & Closing Stock Suppose Closing stock of 2014-15 is Rs 30 lakhs & Also we filed return & ROC too for 2014-15. Opening stock for 2015-16 should be Rs 30 lakhs but we found that some purchase for feb & March 2015 Stock has been entered in tally Its taken directly to purchase split of stock not made & in sales to same of 2 lakhs no split of stock is shown. Those stock need to make changes in 2015-16 what was the process ? And what will be adjustment entry ?

1173


how to reduce the interesting giving to debts ?

1672






What is accounting & why it is used?

607


How Can We Differ Horizental & Vertical Balace Sheet? Explain.

1415


salary entry with briefly including pf,esi,employee advances -journal entry with against payment entry

1131


Define each Flexfeild qualifiers (natural accounts, balancing acc., secondary tracking, cost center)

1640


PLZZZZZZZZZZZZ HELP ME FOR THE PREPARATION OF TEST JR.EXECUTIVE (ADMIN)IN ATM IAM APPEARED 1ST TIME IN THIS TEST MY TEST CENTER IS RAWALPINDI MY CONTACT NO IS 03338907330

4561


Is it possible to change the accounting period under Indian GAAP from 1/Apr-31March to 1/January-31/December? There is any restriction in doing that, i mean for example for fisal purposes? Thank you all!

4368


when receieve cheque from a party and we deposite cheque in bank how do this entry

4222


How Many Accounting Principale

1346


is there is mentioned that we can adjust excess debtors with creditor in the stock statement while calculating Drawing Power

1193


cost of lease=20,000.refundable deposits 2000 (after 4 years).annuity value for 4 years @5% is .2820.find the net charge to p&l a/c

1837