Answer Posted / santosh kulkarni
ACTUALLY TWO TYPES OF CALCULATION OF DEPRICIATION ONE IS
STRATE LINE METHOD & OTHER IS WRITTEN DOWN METHOD BY THE
FIRST METHOD YOU HAVE CALCULATE DEPRICIATION ON THE OPENING
AMOUNT OF ASSET FOR EXAMPLE
VALUE OF ASSET 20000
RATE OF DEPRICIATION 10%
FOR THE 1 YEAR CALULATION IS (20000*10%=2000/-)
FOR THE SECOND YEAR
VALUE OF ASSET 18000
RATE OF DEPRICIATION
THE CALCULATION (18000-2000)
IT MEANS THE AMOUNT OF DEPRICIATION IS FIXED
& BY THE SECOND METHOD
THE YOU HAVE CALCULATE DEPRICIATION ON THE WRITTEN VALE OF
ASSET
FOR EXAMPLE
(20000*10%=2000
20000-2000=18000
18000*10%=1800
18000-1800=16200
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
2Create a program that accepts a number and output its equivalent in words (maximum input number is 3000). for example Enter a number: 1380 one thousand three hundred eighty
What is the base for issuing of C-form date of sale or date of purchase since goods sent by one quarter ended may reach in next quarter.
genpact uk based shift timings? and R2R job profile?
Expand---------OTMD
explain about mergers & aquisitions? asked on 30/7/09
do we have to learn all the shortcutkeys in tally.i am from non commerce background ,where should i start from.
what is ledger account
How can i prepare MIS report for Finance?
When is a dedit note raised When is an expense booked
Hi, I am preparing for Junior Accounts Officers test- APTRANSCO. Can any one suggest the model paper / Books available? john kadapa
I have a existing Oracle applicttions and need to bring one of the new business on it. The new business will use GL, AP and FA. We will use existing COA. This business will have 3 sets of books (1- tax book, from April to March; 2- Primary book, from July to June; 3- Reporting book, from July to June); All books will have same currency; HOW DO I TRANSFER DATA FROM PRIMARY BOOK INTO TAX AND REPORTING BOOKS EVERY MONTH OR ON WEEKLY? IS THERE ANY STANDARD ORACLE PROCESS WHICH CAN BE SCHEDULED? THE REPORTING BOOK WILL HAVE DIFFERENT DEPRECIATION METHOD SO HOW DO I NOT TRANSFER DEPRECIATION FROM PRIMARY TO REPORTING BOOK AND DO SEPERATE DEPRECIATION IN REPORTING BOOK FOR THE SAME ASSET THAT IS ALSO IN PRIMARY AND TAX BOOK?. HOW DO I APPROACH ON SETTING THESE NEW SETS OF BOOKS? Thanks, KK
Please tell me about service tax, tds, vat & ITR return with A to Z completely detail.
Comments Elements in accounting
For the production of 10,000 units the following are the budgeting expenses: Per Unit Rs. Direct materials 60 Direct labour 30 Variable overhead 25 Fixed overhead (Rs.1,50,000) 15 Selling expenses (10% fixed) 15 Variable expenses (direct) 5 Administrative expenses (Rs.50,000 fixed) 5 Distribution expenses (20% fixed) 5 Total cost of sales per unit 160 Prepare the flexible budget for the production of 6,000 , 7,000 ,and 8,000 units of production
Sensitive field have been defined and customized for vendor master data. For which of the following sensitive fields will an update trigger dual control?(any 1 answer) Currency Account group IBAN VENDOR ACCOUNT NUMBER