Interested to Buy Any Domain ? << Click Here >> for more details...
what is depreciation? what are depreciation methods?
please explain those method? can any one reply urgently?
Answer
- 4 Answers
- 8532 Views
- I also Faced
- E-Mail Answers
Answer Posted / m.a.sajid khan
depreciation means reducing the value of Fixed asset to now the future or expected value of asset.Depreciation will calculate only fixed assets only.Depreciation can be calculate with different methods.
Methods are given below.
1.stright line method/fixed installment method
2.reducing Balance method/Diminishing Balance Method
3.annuti Method
4.funds Method
5.insurance Method.
Depreciation is vast topic and its rules.According to GAAP and
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
What is the definition(meaning) for the Final accounts adjustment 'Uninsured goods lost fire'?
Tell us do you have any idea about service tax or excise?
When we received payment from creditors
What would be the entry at the time of Generating Tution Fee Challan for Advance fees. (e.g In the Month of April, Fees of June and July in being asked to pay by school to their students?,
What is mean by Asset area?
Do you know what is a cpa?
Unrealised profit will be debited to ?
if no production is take place at the start of a process in royalty accounting what will be the accounting procedure for that.
Explain what is double-entry accounting? Explain with an example?
During execution of Works Contract,If Contractee(Customer) supply goods to contractor, then it should be shown in Invoice as deduction or no need to show in Invoice.
how to assign the cost center to GL Account in SAP (FICO)
What is budget variance analysis?
Please help me in this entries Pass accounting entries for the following transaction in the books of XYZ company. A rendered professional service to company XYZ and sent an invoice dated 01/01/2016 for Rs 1,00,000/- + service tax Q1. Pass journal entry for the invoice received considering the service tax and TDS. Q2. Payment was made on 01/02/2016 by cheque. Pass payment entry.
Do you know what qualities and skills make an account manager successful?
Do you know compound journal entry?
