Depreciation is asset or liability?
Answer Posted / us
If you want to ask about Acumulated Depreciation than it is
a contra-Asset :) Most of the people think it as a liability
Is This Answer Correct ? | 11 Yes | 0 No |
Post New Answer View All Answers
Why it is necessary to use SAP in an industry? & What is the difference from other advance accounts software like Tally ERP 9? What is the importance of using GAAP for best management decission or why GAAP using by Top Management?
i want to sit for the written examination held by govt. sector like coal india, ongc for the post of accountant .. qualification ca inter.. plz any1 of u let me know on wht subjects the questions are asked and wht types of questions are asked... plz let me know.. plz
what is OTC derivatives and Depository Trust & Clearing Corporation (DTCC) ?
What does stand for EPD,MIS? Can anyone tell me briefly n clearly about this?
commisiion recieved journal entry and receipt required
why should the company give first perference to the perference shareholders?
What is SOX
Who will be called as consignee
What is the difference between payable and accrual
what is investment banking
i want to know the TDS deduction Chart for 2008/09 Eg : professional fee ,contractors ,subcontroctors. rent . ............
What do you mean by custodian/Depository, & what are the different types of Depository? (NSDL/CDSL)
What exactly balance sheet depicts
how to pass journal entry or where to show forein transaction reserv in Bal sheet. pls explain basic
Dear All, myself B.k Singh graduate with B.Com and PGDBM - Finance, I was worked with Service Company for 6 yrs.Now past 2yrs working with Real Estate,moreover I want to some course short term, plz guide me.