Answer Posted / jayasree
What is depreciation and tell me different types of
depreciations:
Depreciation is the reduction in the value of an asset due
to usage, passage of time, wear and tear, technological
outdating or obsolescence, depletion, inadequacy, rot,
rust, decay or other such factors.
Methods:
1. Straight line or fixed installment method
2. Diminishing balance method.
3. Activity Depreciation
4. Composite depreciation
5 Sum of years Digits depreciation
6. Group digit depreciation
7. Uinit of time depreciation
8. Unit of product depreciation
| Is This Answer Correct ? | 34 Yes | 2 No |
Post New Answer View All Answers
What is the difference between trial balance and general ledger?
Do you know balancing in accounting?
HOW WE MAKE A RESERVE AND AFTER ITS USE HOW WE NIL IT PLEASE MAKE A PROPER ENTRY.
under which head should be the p & l appropriation a/c should be opened in tally 9? and how to preapare and display it?
PRELIMINARY EXPENSES INCURRED IN THE YEAR OCTOBER 2012 MONTH 5LAKS WHICH ACCOUNTED IN ASSET SIDE AS ''PRELIMINARY EXPENSES''... IN YEAR END MARCH 2013, IN 5LAKS HOW MUCH AMOUNT SHOULD TAKE FOR PRELIMINARY EXPENSES WRITTEN OFF..?
IS THERE ANY DIFFERENCE BETWEEN PAID UP CAPITAL AND PAID IN CAPITAL?
Why does the accounting equation have to balance?
we have registered to MCCIA(Maratta Chember of Commerce Ind & Agri.).They given a Tax Invoice against this registration with charging service tax@10.3%.can we take credit of this service charge ?
Mohan sold goods on 1st sep 2009 for the rs 200000/- to sohan immediatly accepted a 3 month bill.on the due date sohan request for the renewal of the bill for further peirod of two month .mohan agree to pay interest @9% per annum to be inculuded in the new bill . determine the amount of new bill?
Tell me why did you select accounting as your profession?
Tell me what is gaap?
examole of cash to cash contra entry
What is cost accountancy? What are the objects of cost accountancy?
What do you find most satisfying about this job?
Explain have you ever heard about tds, what it is?
