define depreciation?
Answers were Sorted based on User's Feedback
Answer / guest
decrease in the value of assets is called depreciaton.
| Is This Answer Correct ? | 9 Yes | 1 No |
Answer / mahesh
Every year there is a decrease in the movable assets.it is
calculated in three different methods like write down
value,straight line & declining balance
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / s. vijaya kumar
Every asset having a some value at the time of purchase.
During the period after purchase, Decrease asset's value
either mony or worth, that is called unusable value. this
unsuable value or worth may be visible or unvisible. Its
called depriciation. this may be deduct many methods like
Straight Line method, Retrun Down Value Method, and so on.
for this method govt has fixed the particular parcentage
S. Vijaya Kumar M.Com
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / praveen kumar
DEPRECIATION:-
ANS:-Decrese the value of all assets witch is used by
company in certain time.
like machinary,tools etc.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / nemanna
Depreciation is percentage of reduction on movable assets
year to year.
Ex: Machinary,Furniture etc.
| Is This Answer Correct ? | 0 Yes | 0 No |
The gradual and permanent decrease in the value of the assets is known as depreciation. it is the loss to the business.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / shiva
Differencing the value from its actual due to wear and tear
of asset in suing.
Shiva B.com BVRM
| Is This Answer Correct ? | 1 Yes | 2 No |
journal entries for money received from RBI by the banks IN CASE OF INSUFFICIENCY
What is accounting period?
What is difference between SEZ Developer & SEZ Unit?
2 Answers ABC, Jubilant Organosys,
stock taken as drawing what should be the accounting entry
Whether Depreciation to be posted in debit side or credit side?
What is the Entry of A Demand Draft is prepared for rs.4500 from UTI bank after bank charges?
how to maintain the capital account
How to prepare finalization accounts?
What is the goodwill, how it will be calculeted.can Goodwill posted on laibiltes side Balance sheet.
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 ?
What is the purpose of preparing BRS? What are the uses?
WHAT IS THE PORTFOLIO MANAGMENT SCHEMES ? ITS WHICH TYPES INCOME ?