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"since the calculation of depreciation is based on
estimate,notfacts,why bother to make the calculation?
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Answer Posted / maged
We have two methods to make the depreciation:
1- Direct Method:
Dep.=(Cost - Resedual Value) / useful life.
2- Double Declining Method:
Dep.= Book Value * Depreciation percentage
as Book Value =[Cost-Accumulated Dep.]
And note, we have estimations depend on basics.
like; How much this asset will be used and for how long
time and its quality and is it cabable to be used in this
process?
| Is This Answer Correct ? | 2 Yes | 6 No |
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we are run construction (residence & commercial)last year we are sale 4 flats (16 flats apartment) registration value example:10.75 * 4 = 43.00 but we are collected from customers 45.00 total so 45 - 43 = 2.00 this amount we are booking additional agreements work amount (income)because we are standing sub contractors expendeture side 2.00, we are service tax paid or not ?
3.In TALLY,we used to call tally erp 9.like that,in sap we used to call SAP ECC 6.0.here what is ECC?,i know the abbreviation of ECC.i want to know the role of ECC?
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