Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Why we do depreciation?What is the main object of Depreciation?

Answer Posted / balu @factset

Depreciation is the gradual decrease of an asset.

Main motive of depreciation is showing exact value of the
asset in B/s.It will help to purchase of new asset Ofter
life time of asset.

Is This Answer Correct ?    9 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

List the type of transactions entered in journal proper.

1223


What are the most important goals of accounts receivable?

1111


In which condition a vendor raise excise invoice & what are the effect of excise invoice on client ?

1477


My question is that can i taken input credit of service tax of telephone bill & courier bill & labour contractore bills in exemption Area.

1944


what is gl a/c? & why is it maintain

1962


Capital reserve is - a) real account b) nominal account c) personal account d) none of them

952


Explain compound journal entry.

1070


What is Normal Loss? and What is the reason for Debiting such Loss in P&L account and also Crediting in Trading Account? and how the Loss should be accounted?

1778


Define a company's payable cycle?

1286


credit card all entry pass in tally

1516


Who uses accounting?

1189


How will I post entries to Tally If I purchased a Car in Loan. The principal Amount = 62930 Interest = 6846 Total = 69776 We have to pay Rs 1191 every month for 4 years which include Principle amount and interest. how can I post the monthly entries to tally

27572


Tell us do you have any idea about service tax or excise?

1080


What is accounting for plant assets?

1216


GRIR is the clearing account so it the balance will be zero, so how it will impact with balance sheet and why we require to reconcile that account ?

1562