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examples for depereciation
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Answer / vinay kumar
When the depreciation is provided on the asset
Depreciation A/c .....Dr
To Asset A/c
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / velmurugan
When the depreciation is provided on the asset
Depreciation A/c Dr xxx
To Asset A/c xxx
(Being Depreciation for Asset 10% p.a entry)
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / pradeep kumar
Deprecation is reduce of value of assets
suppose we have a motorcycle we have purchase it Rs. 40000
after one year their spair part,tyre,engine,model both
things are old and out of fashion so we can not Re-sale in
Rs. 40000 so reduce of assets value is called deprecation
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / s. hossain
Depreciation is an amount which is lost during the use of
any tangible fixed assets. It is created in the accounting
system because of creating future fund for repurchasing the
asset.
| Is This Answer Correct ? | 1 Yes | 0 No |
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