Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / vishwanath k
Depreciation means Declining the value of the Fixed Assets
year by year
Imp Note :Land will not come under Depreciation even though
its fixed assets cuz its value wont decrease usually it
will increase
ex:SraightLine method,Declining balance method,Sum-of-the-
years'-digits method
| Is This Answer Correct ? | 3 Yes | 1 No |
Post New Answer View All Answers
Why we debit expenses and credit incomes ?
what are the items falling under the category of reserves and surplus? whether bills of exchange is a reserves and surplus item 2.whther errors of omission will affect the trial balance
In accounting, vat abbreviates what?
what is dmat charges?
Is it necessary after every journal entry to show its treatment in P&L a/c? Eg. if I am asked to show journal entry of purchasing furniture & fixture on 1st Aug 06, i.e. Furniture & fixture a/c Dr. To cash/bank a/c Along with this, I have to pass following journal entry on 31st Mar 07?? P&L a/c Dr. To Furniture & fixture a/c
What are the four classifications of bad and doubtful debts as per the context of the bank?
Types of errors in account
Do you know what is a cpa?
Dear sir, In tally what is list of cost centres? and what is the list of cost categories?
Journalize the Following: 1. The following were purchased on account: a. Materials $ 10,000 b. Office supplies $ 2,000 c. Small tools $ 1,000
Write about the media role in daily life
What is meant by partitioning?
what is different between leaser of subsidary book and journal?
Hi, I am working at Himachal Pradesh, there we pay entry tax for purchase other state. but now govt decide this tax will be deposited with Sale Tax return, now my question is that where column i show this tax or which challn i deposit this tax
Define depreciation and its types?
