Answer / jayasree

What is depreciation and tell me different types of
depreciations:

Depreciation is the reduction in the value of an asset due
to usage, passage of time, wear and tear, technological
outdating or obsolescence, depletion, inadequacy, rot,
rust, decay or other such factors.

Methods:
1. Straight line or fixed installment method
2. Diminishing balance method.
3. Activity Depreciation
4. Composite depreciation
5 Sum of years Digits depreciation
6. Group digit depreciation
7. Uinit of time depreciation
8. Unit of product depreciation

Answer / sumit karn

Depreciation is the gradual decrement on the assets .There
are 9 methods of depreciation .Out of that two are commonly
used .i.e
1) Straight line Method
2) Written Down method or Diminishing Method.

Answer / md abdul bari

Loss in the value of asset due to continuous use is know as depreciation,
1. straight line method
2. diminishing balances method
3. annuity method
4. sinking fund method

hi friends... what it is the journal entry to be passed when the loan sanctioned by one bank and same the cheque was deposited in another bank on same day.? thanks & regards

6 Answers  

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in reply of sreedapa answer ,suppose for the m/o march telephone expense is Rs.800 and for the m/o april Rs.200 For this we will pass tthis entry : Telephone expenses Dr 800 To Tel expenses payable 800 Telephone Expenses Payable Dr 800 to Bank/cash 800 (For the m/o march) And for the m/o april, we will make the provision in the m/o March Telephone expenses Dr. 200 To Telephone Expenses Payable 200 Plz advice

1 Answers  

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What is the difference between ledger and journal?

3 Answers  

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1.A Company with a net income of $ 7,650 in a year and has 3,000 outstanding shares. Calculate the Earning per Share (EPS).

0 Answers   IBM,

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What is BRS Adjustment entry?

0 Answers   Accenture,

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Maintaining assets register

1 Answers  

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what do you mean by profit and loss appropriation account ? what is the use of preparing it?

1 Answers   Syntel,

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what is difference between capital reserve n reserve capital?

3 Answers  

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what is the meaning of prepaid&accruals in accounting?

1 Answers   AFI,

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hi, M a fresher who started work in an event management firm as an accountant recently, and i don't know the head o tail of what to be done., worse part is its a small firm, and i have to learn everything on my own,:( so if anyone could guide me pllleeeeeesssssssseeeeeeee help... its really very urgent.. I'd be very grateful...

3 Answers  

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Explain me your track record in previous jobs, specifically speaking to any mistakes you may have made. There is little room for error in accounting?

0 Answers  

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why we used D1, C4 & C form ? pl. ans me in detail.

1 Answers  

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