how many types of deprecation (exactly)
Answer Posted / barodianbuddy(acca)
According to IAS 16, their are two key method of depreciation. They are Straight line method & Reducing balance method. The other methods used are Machine hour rate method & Sum of the digits method.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
i am normally accountant. i am not a CA. then i learn a account maintain
what is the limit of cash payment in a manufacturing firm and job work related work and how much we paid to the job worker cash payment in financial year Aslam
Detail your responsibilities in accounts receivable
1.recivable and payble 2.pf,tds,esi
What is definition of a cash float in accounting?
What will be the entry when deduct ESI @1.75% from the employees salary?Same as in the time of ESI of employer part @4.75% in tally posting? In PF posting in tally what will be the entry ?
What is the difference between a provisions and reserves?
What is a ledger?
What are the functions of manger -accounts and manager-finance? Explain in detail
What is double-entry accounting? Explain with an example?
How to pass workscontract sale invoice which includes WCT & VAT.
CAN C FORM AND F FORM BE ISSUED FOR SAME JOB WORK CONTRACT CONSIGNMENT
Mr. A purchased a machinery costing Rs. 1,00,000 on 1st October, 2005. Transportation and installation charges were incurred amounting Rs. 10,000 and Rs. 4,000 respectively. Dismantling charges of the old machine in place of which new machine was purchased amounted Rs. 10,000. Market value of the machine was estimated at Rs. 1,20,000 on 31st March 2006. While finalising the annual accounts, A values the machinery at Rs. 1,20,000 in his books. Which of the following concepts was violated by A? (a) Cost concept (b) Matching concept (c) Realisation concept (d) Periodicity concept.
When you prepare Profit and loss A/C either you will get profit or loss but not both.Then why we are saying it as profit AND loss A/C,why cannot we say it is as Profit OR loss account?
what is t code of journal voucher report with amount?