Interested to Buy Any Domain ? << Click Here >> for more details...
examples for depereciation
- 6 Answers
- 9432 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / vinay kumar
When the depreciation is provided on the asset
Depreciation A/c .....Dr
To Asset A/c
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / velmurugan
When the depreciation is provided on the asset
Depreciation A/c Dr xxx
To Asset A/c xxx
(Being Depreciation for Asset 10% p.a entry)
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / pradeep kumar
Deprecation is reduce of value of assets
suppose we have a motorcycle we have purchase it Rs. 40000
after one year their spair part,tyre,engine,model both
things are old and out of fashion so we can not Re-sale in
Rs. 40000 so reduce of assets value is called deprecation
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / s. hossain
Depreciation is an amount which is lost during the use of
any tangible fixed assets. It is created in the accounting
system because of creating future fund for repurchasing the
asset.
| Is This Answer Correct ? | 1 Yes | 0 No |
in accounting process there is summerizing. what is sumarizing? and an relevant example of summarizing?
hi to all what is the usage of legal enitiy in oracle apps r12. its functions. and why it is necessary plz answer my question as soon as possible
What is the cost of goods sold?
What is journalizing? What are the columns of a journal?
sir i am working in construction company.we have more than one projects.i enter the attendance projectwise in payroll.if payroll autofill i want project wise salaries not overall
What is the basic accounting equation?
what is Marshalling? Reply me on this no. 9885789716
What are FCCB and IDR?
A and B are partners sharing profits and losses in the ratio of 3:2 having the capital of Rs. 80,000 and Rs. 50,000 respectively. They are entitled to 9% p.a. interest on capital before distributing the profits. During the year firm earned Rs. 7,800 after allowing interest on capital. Profits apportioned among A and B is (a) 4,680 and 3,120. (b) 4,800 and 3,000. (c) 5,000 and 2,800. (d) None of the above.
I cleared IBPS exam Basically I belongs to A.P. but I applied for karnataka will they accept me?
2 Answers Banking, Oriental Bank Of Commerce,
The following are the transactions with respect to goods traded by Gopal- i) Purchased goods worth Rs.50,000 on 1-1-2005 for cash ii) Sold goods costing Rs.20,000 for Rs.30,000 on cash iii) Bought goods Rs.45,000 from Suresh & Co on credit iv) Paid Rs.30,000 to Suresh who gave us a discount of Rs1,000 v) Sold goods Rs.23,000 but their cost is Rs.12,000 for cash vi) Sold goods to Gangadhar for Rs12,000 on credit,(cost Rs 9000) vii) Received cash from Gangadhar Rs.11,500 in full settlement. viii) Paid carriage charges on the goods purchased Rs.2,000. Find out the closing stock as on 31 -1-2005. Also, find how much is still due to Suresh?
What is the journal entry for Prepaid expenses?
Audit 
