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examples for depereciation

Answers were Sorted based on User's Feedback



examples for depereciation..

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

examples for depereciation..

Answer / shirish

Machinery 40000
Dep (10%)(4000)
Net Mechinery 36000

Is This Answer Correct ?    5 Yes 1 No

examples for depereciation..

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

examples for depereciation..

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

examples for depereciation..

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

examples for depereciation..

Answer / guest

land, building, plant & machinery

Is This Answer Correct ?    2 Yes 5 No

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