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Depreciation?
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Answer / kanakaiah
Depreciation has been defined as the diminution in the
utility or value of on asset due to natural wear and tear,
exhasution of subject matter , efflection of time accident
obselesence or similar cases.
Depreciation in two different senses and accept the
suggestion, that some accountants have made in the past to
describe the diminution resulting from the use of assets
as "wear and tear or expired capital outly.
| Is This Answer Correct ? | 21 Yes | 0 No |
Answer / kumar cms
Depreciation: Reduce the value of an asset. Depreciation
caluculated by two methods 1). Strite line method or face
value method, 2). Writen down value method
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / mahi
Depreciation means reduction in value of asset due to wear & tear , obsolesce etc.
its entry :-
Depreciation a/c Dr.
To Machinery a/c
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / rahul baba
Depreciation Reduce The velue of Assets and Value of the Assets in Every years Reducing Value. for exp. Machine, Vehicle. Exc
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / rahul baba
Depreciation is a expenses and it is a Reduce value of the an Assets.
| Is This Answer Correct ? | 0 Yes | 0 No |
Short Answer on ___________Arbitrator
If i have a company in India doing purchase from Shrilanka, If i buy in Shrilankan local currency and make the payments in Indian Currency At the end of year how shall i settle the difference Exchange money in Books of Accounts.
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