what is depriciation?explain all methods of depriciation?and
give more dwtais about depriciation?
Answers were Sorted based on User's Feedback
Answer / sivasis rath
depriciation means reduction in the value of asset over the
period due to use,wear and tear etc.
Methods Of Depriciation
1 straight line method
2 written down value method
3 sinking fund method
4 depletion method etc.
Is This Answer Correct ? | 12 Yes | 1 No |
Answer / k s reddy
depreciation is a gradual decresing value of an
asset,there are two major methods to calculate
depreciation 1)fixed installment method 2)diminishing
balnce method.
FIM:asset value*depreciation % or
FIM:asset value+installation expenses+repairs-scrap/life
period of an asset.
DBM:balnce b?d value of an asset*depreciation %
Is This Answer Correct ? | 7 Yes | 2 No |
Answer / rahul jaiswal
Depriciation is a indirect expense which depriciate fixed
assets value is called depreciation.There are two types
methods of depriciation:
Straight Line methods
Written Down value methods.
And there are charge for fixed assets then accounting entry
done i.e
Depriciation A/c---Dr
To Fixed assets A/c
Is This Answer Correct ? | 8 Yes | 3 No |
Answer / rizwan ahmed
depriciation is the estimated value of services which was
assets deleverd
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / srikanth
depreciation is a machine scrap and total life of the asset
decresing is called dericiation
types:
fixed based
temporary based
Is This Answer Correct ? | 6 Yes | 6 No |
PLEASE CLEARLY EXPLAIN WHAT IS MEANT BY TDS,CST,ADVANCE TAX,PF,PT,ESI.CLEARLY AS IF EXPLAINING TO LAY MAN
Explain the term account payable?
Dividends are usually paid as a percentage of ______ (a) Authorized share capital (b) Net profit (c) Paid-up capital (d) Called-up capital
in sap how can configuring the asset revaluation, please send procedure.
What is the difference between Finance and Accounts?
what is the eligible to deduct the professional tax?
how to transfer fund useing cashflow and fundsflow?
what s account
sold private car for rs 4,000 and bought a new one with proceeds for bussiess plus rs 5.000 from office cash what will be the journal entry
sir i am working in construction company.we have more than one projects.i enter the attendance projectwise in payroll.if payroll autofill i want project wise salaries not overall
a company getting losses from last 3 years. if u r a analyst what u will recommend to u r clint.?
Why do you prepare a P/L Appropriation a/c?