Calculate the total Depreciation for four or five Years so
give example?



Calculate the total Depreciation for four or five Years so give example?..

Answer / salesh kumar k

Depreciation is the reduce in the value of fixed asset as a percentage given by accounting standards say land and building
10% a year.The depreciation is calculated in two methods called straight line method (SLM)where the amount of depreciation remains constant over the period.But widely appllied method is written down value method(WDV) where the depreciation is calculated as a percentage of value of asset over the period. Eg 100000-10%=90000 and 2nd year 105 0n 90000..

Is This Answer Correct ?    2 Yes 3 No

Post New Answer

More Accounting General Interview Questions

hi...this is chaitanya fresh bcom computer graduate i need job in finance feild will i get in genpact, deloitte, bank of america, or any other mnc...?

0 Answers  


what is holding cost

2 Answers   bscpl,


What are the most important goals of accounts receivable?

0 Answers  


I would like to know about work in progress, when we will debit WIP under Asset a/c head in balance sheet, the credit will be allocated under in which accounting head? whether its under purchase a/c or income a/c ? expecting detail explanation?

2 Answers  


if profit increase by 25percente, how much consumtion level ll be decrease to kept cost of goods sold same?

1 Answers  






Explain the Steps to Define Expenses Report

0 Answers   Accenture,


what is mean by portfolio Management?

5 Answers   TCS,


if the current ratio is 0.5 what is the impact of working capital

4 Answers   Capital IQ,


Why company issue shares at discount as its a loss ?

0 Answers  


On goods purchases of Rs.2,00,000 got trade discount of 20,000 from supplier, and the amounts paid to supplier is 1,00,000 in cash and RS.1,00,000 in check on the same day, what would be the general ledger entry ?

18 Answers   Genpact,


adams a debtor for R600 had been declared insolvent and part of his debts has to be written off. The attorneys informed you that an amount of 25c in the rand will be paid and the rest must be written off

0 Answers  


tell about "E1" form

2 Answers  


Categories