how many years deduct the depreciation amount

Question Posted / shobha

4 Answers
6245 Views
I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

how many years deduct the depreciation amount..

Answer / roshan

the company estimate the life span of the machine according
to that company deducted the value on assests

Is This Answer Correct ?

9 Yes

2 No

how many years deduct the depreciation amount..

Answer / guest

depend upon the machinery life

Is This Answer Correct ?

8 Yes

2 No

how many years deduct the depreciation amount..

Answer / sivaprasad

we deduct the depreciation from the machinery value till
the machinery book value is zero/null.

Is This Answer Correct ?

6 Yes

1 No

how many years deduct the depreciation amount..

Answer / xyz

It depends on the method of depreciation adapted by by the
institution

Is This Answer Correct ?

2 Yes

2 No

Post New Answer

More Audit Interview Questions

1. When is GRN raised? 2. what is the purpose of matching open PO listing against GRIR account?

3 Answers

If goods is transferred to other state by f form condition. With some value. Then f form issued form the govt is value will be same as transfer time......

1 Answers Eicher,

Describe a time when u have taken on a particularly challenging or stretching target. What made it so nchallenging for u?

1 Answers Bharti,

Assume we have taken a vehicle on leasing Cost Of vehicle Rs.2445000 (vat 261964.00)on 22/12/09 ,the vecle lease for 4 years and made intial paymenent as Rs.25000 &the monthly leasing amount Rs.59806.00,pls let me know the double entries for this finacial year (with figers)

1 Answers Fidelity,

Give an example of when you had to change the way you did something in order to solve a problem ?

0 Answers Ernst Young,

When should a company sack its auditor?

0 Answers

Interstate purchase fixed assets against "c" form how can i enter this bill. Party value:- 2000000 Cst :- 40000 Machinery:- 2040000

2 Answers

Does anyone work for the CA state as an Auditor? I am a new college graduate and I need some tips on what questions I will be asked during the interview for the Auditor 1 position. Can anyone help?

2 Answers CA,

During the time of Audit which matters will be kept in mind?

2 Answers

what do you expect to be doing on a day to day basis as a audit trainee?

0 Answers Ernst Young,

What is the mean of decommission liability?

0 Answers

what is the differences between document date and posting date and entry date

1 Answers

For more Audit Interview Questions Click Here