What do you mean by depreciation?

Answer Posted / jubeda

DEPRECIATION IS A REDUCTION IN THE VALUE OF FIXED ASSETS
BECAUSE OF ITS WEAR AND TEAR FOR NUMBER OF YEARS.

Is This Answer Correct ?    5 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Sold goods to Gasha 600 by cash

858


what is the D.V.T. rate from 1/10/2009

1588


What is the definition of offset accounting?

650


Do you know compound journal entry?

683


What entry to be passed for Duty draw back as receivable

1430






Explain me have you ever heard about tds, what it is?

639


By saying, perpetual or periodic inventory system; what do we mean?

742


Pls let me know Job profile for Account Manager.

1524


Detail your responsibilities in accounts receivable

622


Tell us in accounting, how do you define premises?

701


dear i want basic a\C's oriented question. these are asking in mostly all mnc companies

1531


Explain what knowledge should financial accountant have?

651


What we have to post entry for payroll processing ? (Indian payroll)

2144


what is "goodwill" reserve and surplus and reserve with example

1605


What is reversing journal entries?

619