whats is depreciation? formula for calculating deprecation
?

Answers were Sorted based on User's Feedback



whats is depreciation? formula for calculating deprecation ?..

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

whats is depreciation? formula for calculating deprecation ?..

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

whats is depreciation? formula for calculating deprecation ?..

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

whats is depreciation? formula for calculating deprecation ?..

Answer / sandipan chakraborty

Reducing balnace method,
straight line method

Is This Answer Correct ?    9 Yes 5 No

whats is depreciation? formula for calculating deprecation ?..

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

whats is depreciation? formula for calculating deprecation ?..

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

whats is depreciation? formula for calculating deprecation ?..

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

whats is depreciation? formula for calculating deprecation ?..

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

whats is depreciation? formula for calculating deprecation ?..

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

Post New Answer

More Accounting AllOther Interview Questions

how to calculate BEP in this problem? Sales Rs.3,00,000 Fixed Exp. Rs. 75,000 Direct Material.Rs.1,00,000 Direct Labour Rs.60,000 Direct exp. RSs.40,000

6 Answers   Facebook,


Name any 3 heads shown under assets side of balance sheet.

7 Answers  


Expand ________ECE

1 Answers  


what is trail balance ?

17 Answers   Granites, Syndicate Bank,


i am brijesh i geting annul packge 600000 can u help me how much i give tax to government

4 Answers  






What is difference between profit, revenue?

19 Answers  


Difference between operating profit and netprofit.

2 Answers   Capital IQ,


What is the value of inventory as per Financial Accounts (AS2) and as per Cost accounts? Someone told me that as per cost accounts only works costs is considered in CARR while for FA, AS2 is followed with cost or NRV whichever is lowewr? Please explain the difference.

0 Answers  


Expand N A B A R D

2 Answers  


what is trailbalance..?

16 Answers  


Does the Summary Income and Expenditure account in the Charities SORP comply with the Companies Act 1985?

1 Answers  


What are the main Reconciling entries in Bank Reconciliation?

3 Answers   TATA,


Categories