Answer / sravanthi

Depreciation means gradual and permanent decrease in the
value of asset due wear and tear,technology changes and
laps of time.
entering the transaction on both debit and credit side.

Answer / abdul rashid

Depreciation is the continuous decrease in the value of
assets.

Depreciation is debited and the assets on which it is
charged is credited, e.g.

Depreciation A/C Dr. Rs.xxxxx
To, Machinery A/C Rs.xxxxx

In my 12 years of accounting experience I have never heard
of charging depreciation on liability.

Answer / rajesh

depreciation: an increase in the value of the asset is
called depreciation
double entry: any transaction entering both debit side and
credit side is caled doublr entry.
assets: current assets, fixed assets, liquid assets,
intangible assets.
liabilitirs: current liabilities, fixed liabilities

Expand ________DMT

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Preliminary expense of company?

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Expand A O A

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WHAT IS DIRECT EXPENSES

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hi i am appliying for job of accounts executive in dubai, and i dont have much exp in SAP fi/co End user plz any one can give me the transaction codes of for end user sap AR/AP & GL and about automatic payment programme , thnks in advance gurus ,plz mail me on my id afreenjuvriya@yahoo.com

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Answered but misspelled pl correc IT Financilas means profit and loss a/c,balance sheet including (Ans.LESSEHEDU)

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Which of the following is not the sub field of accounting A.Management accounting B.Cost accounting C.Book-Keeping D.Financial accounting

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expand B C T T

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Why would dividend declared not be included when calculating net income?

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Expand ________BSF

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Who are Debtors & Creditors?

28 Answers   TCS,

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define accounting,scope of account , types of account ?

0 Answers  

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