whats is depreciation? formula for calculating deprecation
?
Answers were Sorted based on User's Feedback
Answer / rakesh
Depreciation Value of the asset - scrap value
______________________________
Total numer of years
Depreciation means permanent fall in the value of the
asset.
| Is This Answer Correct ? | 69 Yes | 5 No |
Answer / ullas patil kulkarni
Depreciation is the reduction in the value of asset year by
year due to wear & tear, absolecense etc
FORMULA
Depreciation = Total Value of the Asset - Scrap Value
_______________________________________
Life Time of the Asset(in years)
| Is This Answer Correct ? | 62 Yes | 3 No |
Answer / shraddha kasalkar
reduction in the valve of fixed assets
depreciation= cost of asset-scrap value/estimated life
| Is This Answer Correct ? | 18 Yes | 8 No |
Answer / sandipan chakraborty
Reducing balnace method,
straight line method
| Is This Answer Correct ? | 9 Yes | 5 No |
Answer / samuel haile
Depreciation = Total Value of the Asset - Scrap Value
_______________________________________
Life Time of the Asset(in years)
| Is This Answer Correct ? | 8 Yes | 5 No |
Answer / abc
depreciation means fall in the value of fixed assets due to
their use in business , passage of time or obsolescence.
1Depreciation = Total Value
of the Asset - Scrap Value
_______________________________________
Life Time of the Asset(in years)
2Reducing balnace method,
3straight line method
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / bharat singh
Deprecation:-
""deprecation charged on fixed assets,it is calculate on book value.Depreciation is the reduction in the value of asset year by year due to wear & tear, absolecense etc"".
formula for calculating deprecation.?
Total Value of the Asset - Scrap Value
= _______________________________________
Total numer of years
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / ankit chhipa
dep is the value of diminishng &redumption in the depriciable assets due to effluction of time,use of asset etc,
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / m. zafar
d = (V - Vs) / N
Where, d = annual depreciation, Amount/year
V = Original value of the property at start of the service life period, completely installed and
ready for use, Amount or FCI(Fixed capital investment)
Vs = Salvage value of property at the end of service life, $
N = Service life, years
| Is This Answer Correct ? | 1 Yes | 2 No |
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