define depreciation?
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Answer / guest
decrease in the value of assets is called depreciaton.
Is This Answer Correct ? | 9 Yes | 1 No |
Answer / mahesh
Every year there is a decrease in the movable assets.it is
calculated in three different methods like write down
value,straight line & declining balance
Is This Answer Correct ? | 4 Yes | 1 No |
Answer / s. vijaya kumar
Every asset having a some value at the time of purchase.
During the period after purchase, Decrease asset's value
either mony or worth, that is called unusable value. this
unsuable value or worth may be visible or unvisible. Its
called depriciation. this may be deduct many methods like
Straight Line method, Retrun Down Value Method, and so on.
for this method govt has fixed the particular parcentage
S. Vijaya Kumar M.Com
Is This Answer Correct ? | 3 Yes | 1 No |
Answer / praveen kumar
DEPRECIATION:-
ANS:-Decrese the value of all assets witch is used by
company in certain time.
like machinary,tools etc.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / nemanna
Depreciation is percentage of reduction on movable assets
year to year.
Ex: Machinary,Furniture etc.
Is This Answer Correct ? | 0 Yes | 0 No |
The gradual and permanent decrease in the value of the assets is known as depreciation. it is the loss to the business.
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Answer / shiva
Differencing the value from its actual due to wear and tear
of asset in suing.
Shiva B.com BVRM
Is This Answer Correct ? | 1 Yes | 2 No |
Where accumulated Depreciation appears - b/s or p&l. please provide journal entry while accumulating and also while using the fund for purchase of new assets.
as we are working in erp jd edwards in this the company gives advances to their employee for expenses n receives the amount either by cash or receives the same by deducting the salaries wt type of accounting entry will be passed
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2 Answers State Bank of Mysore SBM,
Dear sir Per Day Maximum Cash payment for Limited company in India