How many types depriciation we have?
Answers were Sorted based on User's Feedback
Answer / prasad
There are 14 methods of depreciation prescribed under
accounting of depreciation by Shukla Grewal. However,
currently the most popular method used by almost all
corporates is SLM ( Straight Line Method) or WDV ( Written
Down Method)
Is This Answer Correct ? | 34 Yes | 0 No |
Answer / savita
many types depriciation method but mostly used two method
first is wdv method and second is slm method
Is This Answer Correct ? | 33 Yes | 6 No |
Answer / surya
there are 14 types of deipreciation is there but mainly
companys, or any organisations uses two types there are
1. straight line method
2. written down value method
Is This Answer Correct ? | 15 Yes | 0 No |
8 Seven types Depreciation methods that is
1. Straigh line Method
2. Reducing Balancing Method or Diminishing Balancing Method
3. Sum of Digits Method
4. Annuity Method
5. Sinking Fund Method
6. Machine Hour rate Method
7. Depletion Method. sorry frds i dont know the last
method...
Is This Answer Correct ? | 15 Yes | 0 No |
Answer / manoj
As per Companies Act there are there are two types of
Depreciation:-
Straight line method and W.D.V.
But as per Income tax act we have W.D.V.
Is This Answer Correct ? | 10 Yes | 1 No |
Answer / t .praveen kumar & vamshi
there are 9 types of depreciation methods there as follows
1.fixed or straightline method
2.diminishing or written down method
3.digits method
4.annuity method
5.depreciation fund method
6.insurance policy method
7.revaluation method
8.depletion method
9.machine hour rate method
Is This Answer Correct ? | 6 Yes | 0 No |
Answer / thirupathi
8 Seven types Depreciation methods that is
1. Straigh line Method
2. Reducing Balancing Method or Diminishing Balancing Method
3. Sum of Digits Method
4. Annuity Method
5. Sinking Fund Method
6. Machine Hour rate Method
7. Depletion Method.
8. written down method
Is This Answer Correct ? | 4 Yes | 3 No |
Answer / prasad
depreciation can be divided in 10types.
1)straightlinemethod
2)writtendownvaluemethod
3)annuitymethod
4)sinkingfundmethod
5)change from slm to wdv method
6)depletionmethod
7)insurencepolicymethod
8)change from retrosfectivemethod
9)machinehourrate
10)repairs and renwals provisionmethod
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / satyanarayana
we have 12 methods only but mostly companies using 3
methods only straight line method and diminishing method
sink fund method.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / hjk
THeRE IS one more method of depreciation production hour method
Is This Answer Correct ? | 0 Yes | 0 No |
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