What is Depreciation ?

Answers were Sorted based on User's Feedback



What is Depreciation ?..

Answer / rajkishote

depreciation is the diminshing value of fixed assets due to
wear & tear,

Is This Answer Correct ?    12 Yes 0 No

What is Depreciation ?..

Answer / christopher daniel

depreciation is a amount maintain by a company for is fixed assets residual value.

Is This Answer Correct ?    4 Yes 2 No

What is Depreciation ?..

Answer / dharmendra.ch(mancherial)

depericiation means loss on wearing & tearing of
an particular fixed asset during the accouting year
ex plant & machenary, (excluding land)

Is This Answer Correct ?    2 Yes 0 No

What is Depreciation ?..

Answer / cll

the estimable reduction from historical cost due to wear and
tear or obsolisence of a tangible assets based from its
expected life excluding its salvage value.

Is This Answer Correct ?    0 Yes 0 No

What is Depreciation ?..

Answer / parushuram

Gradual reeducation in the value of fixed assets due to wear
and tear

Is This Answer Correct ?    0 Yes 0 No

What is Depreciation ?..

Answer / antony

decrease in the value of assets due to tear and wear

Is This Answer Correct ?    0 Yes 0 No

What is Depreciation ?..

Answer / mercy

indirect expenses that occur due to the gradual decrease in
the value of the fixed assets through wear and tear

Is This Answer Correct ?    0 Yes 0 No

What is Depreciation ?..

Answer / pradeep gunuguntla

the reduction in the value of tangible fixed assets due to
wear and tear.

ex: furniture, machinery , land and buildings etc.

Is This Answer Correct ?    0 Yes 2 No

Post New Answer

More Accounting General Interview Questions

As a Manufacturer we are paying service Tax on Inwards freight and the same amount we are taking as a credit against payment of Excise duty. So,Pls clarify how to pass JV

1 Answers  


What are recent changes in Service Tax Reverse Charge by Budget 2012?

2 Answers   DMRC,


If there are 15 credit purchases during a given month, then there will be ....................... posting from the purchase book at the end of the month

2 Answers  


What would be journal entry for--Encashed a bank draft belonging to X? Ans as given in textbook is Bank account debit to Cash account credit.......But shouldnt it be Cash account debit to Bank account credit...Wat do u guys feel??And do explain ur answers..Thnx in advance

0 Answers  


How Can We Differ Horizental & Vertical Balace Sheet? Explain.

0 Answers  






Explain some of the accrued expenses and the accounts in which you would record them?

0 Answers  


What do you mean by share

7 Answers   Thomson Reuters,


How to charged TDS on salary and How many charged percentage?

1 Answers  


How Many Methods of Depriciation & Which are those ??

6 Answers   Focus,


If I give gift to somebody, then how I'll show it in my account

1 Answers  


how can i calculate annual turnover for a construction company

6 Answers   Coss Construction Company, Sun Construction,


What is Double Entry System ?

8 Answers  


Categories