whats is depreciation? formula for calculating deprecation
?

Answer Posted / samuel haile

Depreciation = Total Value of the Asset - Scrap Value
_______________________________________

Life Time of the Asset(in years)

Is This Answer Correct ?    8 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is cost audit?

1603


How Frequently shall a company file the service tax returns and how frequently shall a company pay the service tax to the Government ?

1439


what is Calculation of Gross Profit Or Gross Loss?

1750


Explain valuation methods of Normal and Abnormal loss

1601


what are the suggestions to control NPA in rural areas?

3561






pl send me SBI previous question papers for clerical post to my email id :jahnavi_devi@yahoo.com

1545


What is miscellaneous expense and when it is used

1677


How can i prepare MIS report for Finance?

1971


How now about sales tax and purchase tax.what is the persentage of those thing in tamil nadu.

1735


With scan-based trading, are retail companies creating inventory at the point of sale or recording income/expense?

1954


Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance

2128


What is the difference between horizontal balence sheet & vertical balence sheet explain in detail.

1678


a) What are the Golden Rules of Accounting? What are the 14 Principles of Accounting

1653


Expand---------OST

1728


What is the use of final account?

1399