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How many types of Methods of Depreciation Calculation ?
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Answer / dev
straight line method,diminishing balance method,
revaluation method,sinking fund method,annuity method,
| Is This Answer Correct ? | 8 Yes | 2 No |
Answer / suraj
straight line method,w.d.v.method,annuity
method,depreciation fund method,revaluation
method,insurance policy method,depletion method
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / muthukumaran.k
Strightline mehthod,Diminishing balance method,annuity
method,Singing fund investment method,WDV method,insurance
policy method,kilometere method,Piece rate method
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / neera tomar
Indian accounting Standard applies two method for
depreciation - Straight line method , Written Down Value Method
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / siva
Fixed installment method, Diminishing balance method,
depreciation fund method, insurance policy method, annuity
method, revaluation method, depletion method, machine hour
rate method, global method, sum of digits method
| Is This Answer Correct ? | 1 Yes | 1 No |
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Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.
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