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what z diff between depreciation and amalgamation?
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Answer / h.r. sreepada bhagi
These two are different and not related to each other.
Depreciation - Is the charge of a certain portion of cost of
a fixed asset to the Profit & Loss A/c each accounting year
as per the rates and methods prescribed in the relevant Law
in a country.
Amalgamation - When two or more business entities (units or
firms)merge together and form a new company (firm / unit)
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / mazahir
We charge depreciation on fixed assets, while amalgamation
is needed for mixed for buisiness deals means in hidi
samamelon.in the form of depreciation we make some reserve
for our machinary & building & office tools.while
amalgamation is needed for improve the organization
condition.
| Is This Answer Correct ? | 7 Yes | 3 No |
Answer / hemant
Deprecation deduct the value of Assets at the time of each
financial year
while Amalgmation is the merge of assets whenever two or
more company to be merge and then the value of assets to be
increse
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / mohammed rizwan
Depreciation means decrese the value of an assets for its
use in the business. Amalgamation means a company is buying
a smaller comp.
| Is This Answer Correct ? | 1 Yes | 3 No |
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