Interested to Buy Any Domain ? << Click Here >> for more details...
What are types of Depreciation?
- 14 Answers
- 76642 Views
- Idbi Bank, Oracle, I also Faced
- E-Mail Answers
Answer Posted / u s rai
Depreciation is explained in both accounting and economic terms.
There are two types of depreciation in terms of real capital assets namely; physical depreciation and functional depreciation. The physical depreciation is the total loss in market value which is caused due to some of the physical activities. This depreciation involves any kind of repairs that involve cost. In this depreciation there are two kinds, one that is curable and the other that is incurable. The curable one is the one, which can be corrected economically. The other, which is the incurable, involves huge amounts of cost. Subsequent the Functional Depreciation is the total loss caused by inadequate design.
In the subject of accounting there are two types of depreciation; Book Depreciation and Tax Depreciation. Book Depreciation is done for the reference of the company in order to report its financial records to its share holders, stockholders, etc. Tax Depreciation is simply done for the reason of collecting taxes.
| Is This Answer Correct ? | 1 Yes | 3 No |
Post New Answer View All Answers
Brief us all about what you know about Hughes Systique.
Can you tell basic difference between devaluation and depreciation of the currency?
Under Which Ordinance Company is Formed?
What are limited liability companies? What are its two types?
What are basis points?
Do you know the currency of different countries?
Will Donald Trump's Presidential Election affect the Indian economy?
Name the highest civilian award in India?
Explain what is debt or equity ratio?
How are angel investors opposite to venture capitalists?
What Is Negative Amortization?
Do you anything about bureaucracy?
im ravi frm tumkur i did mba in finance.i m seeking job in finance if any body knows abt job vecancies or walk in in bangalore please inform me my cell no is 9986288362 and my e mail id is ravigr362@gmail.com
What is MFN? What is Gold Standard?
How can we utilize your skills?
