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what is depreciation?
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Answer / sujay mandal
1.depreciation means a amount that company deduct every
year on thier assets assuming that that quality quantity &
worth of that assets reduce every year it can be calculated
using two method
2. Decreaseing in the value of fixed asset, the asset value
can be changed day to day that is called depreciation
# straight method
# written down value method
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / ashok kumar
depreciaton means gradually or permanant decrease in the
value of assets due to wear and tear, technology changes,
obsolescence, efflux of time & fall in market price.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / kishorekumarghosh
it is contentiously decreasing in terms of quality and quantity.
| Is This Answer Correct ? | 10 Yes | 9 No |
Answer / praveen kumar
depreciation is charged on the fixed assets. there fore
depreciation is different types namely stright line method
means depreciation yearly same charged but deducation
method means the depreciation is year to year changed.
| Is This Answer Correct ? | 4 Yes | 3 No |
Answer / nitin ashok
depreciation is reduced the value of assets,use of assets
and passing the time.
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / vikas baheti
Depreciation mean that it is a non cash expences and it
deduct on the only the fixed assets by many way bcz the 8
type of method to deduct it .
And like a streat line method and wtv method. Number line
method , production method , and so more and onwards .
etc ,etc, etc.
| Is This Answer Correct ? | 5 Yes | 4 No |
Answer / chandan chatterjee
DECREASE IN THE VALUE OF ASSET WITH TIME IS KNOWN AS
DEPRETION
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / adarsh kaur
Depreciation is nothing but decerease in the value of
assets.
| Is This Answer Correct ? | 1 Yes | 0 No |
Depreciation means to depreciate i.e. to decrease the value
of asset yearly by certain amount (depending upon the
depreciation method followed by the company).
These are some of the depreciation methods:
1 Straight-line depreciation
2 Declining-Balance Method
3 Activity depreciation
4 Sum-of-Years' Digits Method
5 Units-of-Production Depreciation Method
6 Units of time depreciation
7 Group Depreciation Method
8 Composite Depreciation Method
| Is This Answer Correct ? | 2 Yes | 1 No |
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