what is depreciation? what are depreciation methods?
please explain those method? can any one reply urgently?
Answer
- 4 Answers
- 6852 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 |
what is bill receible
What is the difference between a provisions and reserves?
What is absorption costing with defination? and what is marginal costin with defination?
Please provide me the entire format of P.F. & ESI
Wat entry ill come after paying the Cen -Excise Tax Vat Tax and Service Tax in the same time
How many types of voucher?
14 Answers Build Asia, Punjab National Bank,
what is the simple definition of liquidity and equity.
1 Answers Jammu and Kashmir Bank,
what do u mean by Guidance
Explain about SEC
what is the meaning of the amortization
what is BRS and how it is prepared in BPO sector?? Please answer fast.....
5 Answers EXL, FIS, Genpact, Riscure,
"Trial Balance is not a comclusive proof of the accuracy of the books of accounts." Explain this statement and describe the errors which are not disclosed inspite of the agreement of trial balance.
Audit 
