Why we do depreciation?What is the main object of Depreciation?
- 6 Answers
- 13317 Views
- Capital IQ, I also Faced
- E-Mail Answers
Answer Posted / sheena
depreciation is a revenue expenditure. we do depreciation
on fixed assets. To know exact value of an asset and to
show the exact value of asset in the balance sheet we do it.
| Is This Answer Correct ? | 5 Yes | 3 No |
Post New Answer View All Answers
were you happy with the grades you achieved at a-level?
What is the Project Accounting in case of Real Estate or Construction Co`s ?
Define bills receivable?
how can i settle the party ac with cr & dr
purchase of Rs 1000 were rejected and returned,however vendor returned Rs 800 and balance Rs 200 is charged to sundry exp A/c
What is the acceptable accounting procedure when an error is detected in a general ledger account? Explain why such a procedure is followed?
What is balance sheet and off balance sheet?
HOW CAN WE CONVERT IN CFT TO A ROUND LOG??
What is good accounts Process & Execution capabilities?
what is the journal entry can be passed for an opening balance (bank, fixed asset, provisions)to the new software
As an importer of goods through letter of credit, (payment is done through indian bank to foreign back), my question is who is liable to pay with holding tax when the payment is remitted to foreign bank, whether the buyer(importer) or the seller and why?
6. What is the amount of Simple Interest on $ 1,500 for 90 days at 6% interest (year is 360 days)?
What is control in accounting?
A COMPANY IS SERVICE PROVIDE TO B CO. 100,000 AND CHARGED STAX 10000 TOTAL BILL RAISED 110000 AND RECIEVED 30% FROM B IN DECEMBER AND 40% RECIEVED IN 10JAN2011, BALANCE 40% RECD IN 10 FEB2011 WHAT WILL BE GENERATED ACCORDING ACCOUNTING PRENCIPLE OF BOTH SIDE (MEAN A &B) WITH REVANUE& PROVISION PLEASE TELL ME
sir i am working in construction company.we have more than one projects.i enter the attendance projectwise in payroll.if payroll autofill i want project wise salaries not overall
