Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

how accountant calculatee depriciation

Answer Posted / yonus

depreciation is calculated by slm method for example if
machinary is purchase of rs 100000 ask to calculate for
the financial year. then you have to calculated under slm
company will give how much percent to take if 10 percent on
100000 means

100000*10/100 = 10000

so depreciation of 100000 is 10000

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Can you explain about the distinction of Book-Keeping and Accounting

2037


While posting of FB50 entry therE showing errro msg " NOT ASSIGN COMPANY CODE OR CALCULATION PROCEDURE"

2035


Office cash was stolen? state whether the following transcation is business transcation or non business transcation?

2026


business sepsarate entity concepts

2232


cash sales and credit sales both are asset or liability?

1494


In OD Account How Many Interest Paid or Not? and second CC Account How Many Interest Paid or Not?

2170


my qustion is what is H foam and where use

2010


From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.

3089


What is the accounting treatment for finance lease in lessee's viewpoint?

2388


what is Exposure ?

2022


A----------involves transfer of money or moneys worth from one person to another

1975


whether financing to Bulk Milk Coolers comes under CMA under Agriculture or Non Farm Sector

1753


Prepare a trial balance from the following :- Particulars Amount Particulars Amount Rs. Rs. Purchases 8225 Premium on lease 1200 Wages 1025 Loan on mortgage 2500 Sales 12450 Plant & machinery 2000 Arun's capital 13500 Provisn for doubtful debts 300 Stock on 1/1/98 1500 Sundry debtors 16550 Salary 410 Trade charges 200 Rent & taxes 162 Bad debts 200 Sundry creditors 2572

2446


where we have file E-returns in SAP FICO-CIN/Wtax?

2702


Where the Cost of labour, Material used and sales scrap (if sales given)get effect in balance sheet

2140