Interested to Buy Any Domain ? << Click Here >> for more details...
What are types of Depreciation?
- 14 Answers
- 76609 Views
- Idbi Bank, Oracle, I also Faced
- E-Mail Answers
Answer Posted / zakiur rahman
The depreciation is of two types: book and tax
depreciation.
Book depreciation is done for the use of the company to
report its financial status to its stockholders and other
related people.
Tax depreciation is done for the purpose of calculating
taxes. Both methods are based on the principle of matching
concept, which requires that a fraction of the cost of the
asset in an accounting period, commensurate with its use in
that period, is charged as an expense.
| Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
What is the difference between equity and asset?
Why should we give this job to you?
What is the role of SMEs in boosting the Indian Economy?
What is a Limited company?
What do you know about the recent satellite launch?
What type of insurance policies are there?
When and where this bank originated?
What is proprietary ratio? What are its components?
who regulates the mutual funds in india?
What is dematerialization?
What is 'digital signatures' (ds)?
I am attending the interview in ICICI BANK i need the interview tips and questions
AMONG LIFE INSURANCE, GENERAL INSURANCE & RISK MANAGEMENT, WHY DID YOU SPECIFICALLY CHOSE RISK MANAGEMENT/GENERAL INSURANCE/LIFE INSURANCE?
What do you know about PPF Account? Do you have a PPF account?
What are your technical certifications?
