Interested to Buy Any Domain ? << Click Here >> for more details...
What Is Depreciation, and from which date do we charge
Depreciation for an asset ?
- 1 Answers
- 3822 Views
- EDS, I also Faced
- E-Mail Answers
Answer / ameet narayankhedkar
Depreciation refers to two very different but related concepts:
1. the decrease in value of assets (fair value
depreciation), and
2. the allocation of the cost of assets to periods in
which the assets are used (depreciation with the matching
principle).
The former affects values of businesses and entities. The
latter affects net income.
The depreciation will be calculated from the date of
purchase of an asset.
| Is This Answer Correct ? | 0 Yes | 1 No |
I purchased a machine and finance it by bank with the amount 1900000 and bank apply the finance charge 440000 for 3 years finance how to pass this entry still machine value is 2200000 is finance charge is interest (indirect exp.) pls help me.
Where it will effect in the Balance sheet, Rs. 5000/- of Bad Dept ??
if i am getting 165000 than should i dedected on my salary or not?
What is Bank Reconciliation Statement? How to calliculate in tally erp9.0?
what is accounting concept? explian in brief?
9 Answers Capital IQ, Hero Honda,
what is faviourable balance,and overdraf balance in Brs? Give me sms on this no. 9885789716
A has to pay to B Rs. 10000 but C pay pay Rs. 10000 to B on behalf of A. What will be the journal entry in all the three persons.
what is debit note & credit note?
What is dd and a in oil and gas accounting?
What is fbt (fringe benefit tax)?
Do you know marginal cost?
Explain me by saying, perpetual or periodic inventory system; what do we mean?
Audit 
