Answer Posted / jokfu peter nkewir

i strongly don't agree with the answers stated above.As for
me i think the answers are incomplete because in a question
like this the students have to state the clearly the
mathematical formula for each but as for the deffination of
depreciation all of them are correct because they all accept
the fact that both the fixed and non fixed assets wear and
tear in their values over a period of time. but still if you
buy a perishable raw material for say production and you
don't store it in a save place and by the time you want the
material the initial value is not there is that not
depreciation.So what i am saying is depreciation is not
necessary loss in the value of fixed assets of e.g.
enterprise e.t.c.

Assets are held in the Business for the purpose of____________________

2246

---

What is the Assets & Liabilities?

2343

---

You been asked to prepare a training class for completing expense statements. What points will you emphasize to insure accurate expense statements are submitted?

2315

---

Short Answer on ___________Appreciation

1980

---

Short Answer on -----Trade mark

1913

---

how many types of financial teribuanal? what is that?

1965

---

Exapnd--------RAN

2247

---

The partners agreed to take hero honda vehicle of Rams as firms vehicle by giving credit to his capital account. The vehicle was valued for Rs 65000/-Pass necessary entry

2105

---

WhatIs the limit of duty exemption in smal scale industries.

2196

---

How & When We Calculate Deffered Tax... Please Give me Some Example.?

2152

---

what is the main difference between nse & bse operations

2065

---

What is cash clearing account

1930

---

What is Mean By FRS for HQ reporting, How To Prepare?

2072

---

Expand--------AA

2172

---

If in a PO, the freight condition is mentioned as Air freight and the material is actually received by Road, how does the system check before making the necessary accounting entries?

2054

---