Follow Our FB Page << CircleMedia.in >> for Daily Laughter. We Post Funny, Viral, Comedy Videos, Memes, Vines...


WHAT IS THE MEANING OF DEPRECIATION ?

Answers were Sorted based on User's Feedback



WHAT IS THE MEANING OF DEPRECIATION ?..

Answer / ravinder.s

depreciation is the reduction in the value of an asset due to usages,passage of time ,wear and tear

Is This Answer Correct ?    182 Yes 9 No

WHAT IS THE MEANING OF DEPRECIATION ?..

Answer / balakrishna .palle

depreciation is the reduction in the value of an asset.

Is This Answer Correct ?    57 Yes 1 No

WHAT IS THE MEANING OF DEPRECIATION ?..

Answer / suman kumar

Gradual Decrease in
the value of fixed
asset

Is This Answer Correct ?    49 Yes 0 No

WHAT IS THE MEANING OF DEPRECIATION ?..

Answer / ratheesh babu

Depreciation is the decrease in the value of fixed assets.

Is This Answer Correct ?    33 Yes 2 No

WHAT IS THE MEANING OF DEPRECIATION ?..

Answer / ptashanthi

it is the cost of utilisation of an asset

Is This Answer Correct ?    45 Yes 32 No

WHAT IS THE MEANING OF DEPRECIATION ?..

Answer / prashant

Its indirect expenses of asset for using that period

Is This Answer Correct ?    31 Yes 18 No

WHAT IS THE MEANING OF DEPRECIATION ?..

Answer / staly.das

Its is a Gradual reduction in the External value of an assets due to obsolensce , Wear and tear .

Is This Answer Correct ?    17 Yes 9 No

WHAT IS THE MEANING OF DEPRECIATION ?..

Answer / paul

Depreciation is the wear and tear of machinery,equipment etc.

Is This Answer Correct ?    12 Yes 5 No

WHAT IS THE MEANING OF DEPRECIATION ?..

Answer / abdul quader jeelany

"Declining the value of fixed Asset due to wear,tear if use
either not use should deduct some percentage".

Is This Answer Correct ?    11 Yes 6 No

WHAT IS THE MEANING OF DEPRECIATION ?..

Answer / jagadish

meaning of depreciation with an example: after utilizing for
many years a vehicle(an asset) can not be sold at its
purchase price because of wear and tear. some times company
may have to incur a huge amount of loss at the time of sale
of its assets. In order to avoid this, depreciation will be
charged to profit/loss account at the rate specified by the
management. its very clear that no money will go out of the
firm while charging depreciation. Amount kept aside by this
way will compensate the above mentioned lo

Is This Answer Correct ?    3 Yes 0 No

Post New Answer



More Accounting AllOther Interview Questions

Is Goodwill a Intangible or Fictitious Asset ?

12 Answers  


what is entry for baddebts.

17 Answers   Genpact,


Expand---------EDP

1 Answers   Wipro,


Short Answer on ______Budget

0 Answers  


EXPAND___________MCA

3 Answers  






I have SB A/c and in the statement service@10.30% debted by bankers in every month,in which amount they charge@10.30% ?

2 Answers  


What are the Goddwill calculation Methods?

4 Answers   Capital IQ,


expand E P F

1 Answers  


Which document should be attached with purchse & sales invoice?

0 Answers  


Since minority interest is balance sheet item, and got brought foward figure, how to disclose brought forward figure in consolidation work sheet instead of we make adjustment on current year to show their share in subsidiary.

0 Answers  


Expand-------NBTA

0 Answers  


What is mean by secured loans?

4 Answers  






Categories