Interested to Buy Any Domain ? << Click Here >> for more details...
what is the differace between depreciation and provision
- 7 Answers
- 29225 Views
- Genpact, I also Faced
- E-Mail Answers
Answer Posted / bloody idiot
Depriciation is provided as a cost throught life of the
Asset, It is a nominal charge for Utilisation of the Asset
and represnts reduction in the Value of the Asset
throughout its life.
Provision for Depriciation is the expense provided for in
the current Financial Year in the absense of Actual
Depriciation. In the next year the actual Depriciation of
Prev. year is reduced from Book Value and also reduced from
Liability(Provision)
| Is This Answer Correct ? | 17 Yes | 5 No |
Post New Answer View All Answers
What is capital turnover ratio?
What are preference shares? What are their features?
What's the different between prop trading and market-making?
Name the plans which are adopted for unemployed People?
What is the current Cash Reserve Ratio?
What are shares?
Why do you understand by money market? Give an example.
What are the problems in CIBIL updation? How will you convince your angry customer whose name is default list even after repayment of complete loan?
Is The Installation Labor For A New Asset Expensed Or Included In The Cost Of The Asset?
what does a pension actuary do?
What are the strategies used to implement stop loss?
On What Basis Securities Should Be Selected?
Describe a typical day of an investment banking analyst?
Explian Online Banking?
Explain liquid ratio/ acid ratio/ quick ratio. What does it indicate?
