Interested to Buy Any Domain ? << Click Here >> for more details...
what is depreciation? what are depreciation methods?
please explain those method? can any one reply urgently?
Answer
- 4 Answers
- 8117 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / m.a.sajid khan
depreication means redusing the value of asset to now the
future vaule of asset.dereciation will calculate only fixed
assets. depreication can calculate on different methods
some are given below.
1.stright line method
2.reducing method
3.annuti Method
4.funds Method
5.insurance Method
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / vinitha.t
Depreciating/reducing the value of the fixed assets to know
the current value of the assets. All assets are depreciated
except land&building because its value goes on increasing.
Types of depreciation
written down value method-It is depreciated by taking book
value of the assets with a percentage of a depreciation.
straight line method-It is depreciated by taking the
purchase value of the assets.
annuity method
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / dhanesh chandramagalam
DEPRECIATION MEANS REDUCING THE VALUE OF AN ASSETS DUE TO
CONTINUOUS USAGE, PASAGE OF TIME, OBSOLASIONS, WEAR & TAR
ETC,
METHODS
AS PER AS6 MENTIONED ONLY 2 METHOD BUT THEORETICALLY 7
METHODS 1 STRAIGHT LINE METHOD,2 WRITTN DOWN VALUE METHOD,3
SINKING FUND METHOD,4 ANNUTY MENTHOD,5. MACHINE HOUR RAE
METHOD,6, PRODUCTION HOUR RATE METHOD,& DEPLETION METHOD
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / m.a.sajid khan
depreciation means reducing the value of Fixed asset to now the future or expected value of asset.Depreciation will calculate only fixed assets only.Depreciation can be calculate with different methods.
Methods are given below.
1.stright line method/fixed installment method
2.reducing Balance method/Diminishing Balance Method
3.annuti Method
4.funds Method
5.insurance Method.
Depreciation is vast topic and its rules.According to GAAP and
| Is This Answer Correct ? | 1 Yes | 0 No |
how we enter insurance claim entry in tally
In the General Ledger.. When putting discounts, you put discounts on the DR side for Creditors and Discounts on the CR for Debitors.. Which side does discount go on for the rest of the accounts such as Purchases, M Dog, L Shirt, and L Dress?
what is account opening and account closing??
10 Answers Royal Bank Of Scotland,
how pass journal entry in the month ending for input vat and out put vat
what is cost center option in tally what purpose it is used?
define depreciation?
how to calculate closing stock...? include direct exp or not...
HP EMPLOYYES - If any one in HP company, Please give refernce for attend the Accounting Job in chennai,Bpo- chetpet.If any one Worked there Please,Send mail to me Umaiyo@gmail.com.I have 1 year exp in banking sector, & 8 months exp in accounting in SIEMENS, at present I'm searching for a job.If any person see this mail,Kindly send mail to me. Thank U Friend.
what is set off and carry forward.
How do you calculate GRATUITY and how much its exempted under taxation?
Mr.A repaired a printer of a company and charge a bill of Rs.1200? The company paid Mr.A cheque of Rs.1080 and deduct Rs.120 in TDS after couple of day Mr.A received TDS certificate from the company. pass all the entries in the books of accounts.
A company primarily operating from own land, takes on rent building for staff quarters. Whether rent paid on such staff quarters qualifies as capital investment?
Audit 
