what is depreciation?

Answer Posted / santhosh

Depriction means the decrese in the value of assest due to
time and the sum of amount is deducted from the value of
asset... this amount is directly deducted from the profit
and its only a book entry and this depriciation amunt used
as a source of money..

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Please let me know what to answer how long you prepared for SBI exam? if selected your credit goes to whom?

1603


selling price = shs. 200, variable overhead-selling per unit= shs 80, variable production cost per unit = shs 60, fixed selling cost = 2,840,000. the production capacity of the project is 200,000 units. required P/V ratio, BEP and margin of safety

1610


What is the relationship between, issued share capital, share premium and paid up capital?

1902


EXPAND_________SCM

1799


what is balancesheet adjustment a/c. what is the use of this a/c in sap fico

2069






What are the steps involved in converting the trail balance of a foreign branch? Explain the steps involved in incorporating the foreign branch trail balance in HO books

1763


What will be the consequences if the partnership is not registered

1491


Short Answer on _____________Accident Insurance

1343


Process of the settlement cycle?

1627


what is purchase tax in rajasthan.

1580


Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.

972


is indian bank or canara bank CBS brach?

1621


Plz Give the Inventry Accounting Procedure 1.Domestic Purchases ( VAT,CST,& Excise) 2.Import Purchases ( Direct Expences & Excise ) 3.When Will the Price Diffrence Entry Happen? 4.Cash Discount & Trade Discount On Purchases? 5.Domestic Sales ( VAT,CST,& Excise) 6.Export Sales ( Customes ,Excise ) 7.Cash Discount & Trade Discount On Sales?

2839


Expand-------ATBN

1708


• What are the types of cash flows?

1720