Interested to Buy Any Domain ? << Click Here >> for more details...
define depreciation?
- 8 Answers
- 11041 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
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.
| Is This Answer Correct ? | 0 Yes | 0 No |
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 |
The following information is extracted from the audited books of accounts of a chain of food stores for the period ended 31st December 2015. Revenue Statement (Trading and Profit and Loss Account for the year ended 31st December 2015. BWP’000 BWP’000 Sales 460 Cost of good sold (220) Gross profit 240 Wages 50 Other expenses 30 (80) Net Profit 160 Note: The purchase figure included in the cost of goods sold of P255 000. Balance Sheet as at 31st December 2015 BWP’000 BWP’000 Fixed Assets 400 Current assets: Stock 80 Debtors (trade) 120 Bank 400 ----- [600] Current liabilities: Trade creditors 300 ------ [300] 300 Net Assets 700 ==== Financed by: Share capital 600 Revenue reserves 100 ------ 700 Shareholders Funds 700 ===== Required: (a) Calculate the following accounting ratios: (i) Current ratio (ii) Acid test ratio (iii) Stock turnover (in days) (iv) Debtors turnover (in days) (v) Creditors turnover (in days) (vi) Return on capital employed (ROCE) (vii) Gross profit percentage (viii) Net profit percentage (b). Give a brief comment on the performance of the company, based on the above ratios.
pls friends pass journal entry for purchase returns to x with example?
Month end closing entries with example
plz tell me Agar koi co. ka exp. generate ho or uski payment cash se ki jaye to hume wo exp. book krne ke liye payment ki receipt leni jaruri hai bina receipt ke entry krna sahi h ya galat..??
Compare financial accounting and cost accounting.
The owner of the consignment stock is________ (a) Consignor (b) Consignee (c) Debtors (d) None
At the end of financial year need to verify the all entries in the books of accounts
credit rating
what's the mean by Imprest system? Please give me Replay on this no. 9885789716
What Is The Entry Of Partners Loan & In Which Voucher
What are the types of liabilities accounts?
Sold goods to Gasha 600 by cash
Audit 
