Interested to Buy Any Domain ? << Click Here >> for more details...
Give Example for Intangible assets that is depreciable?
- 5 Answers
- 11797 Views
- Genpact, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / vijendra
Goodwill is a good example of intangible assets...
| Is This Answer Correct ? | 34 Yes | 4 No |
Answer / h.r. sreepada bhagi
Charging off intangible assets to P&L A/c is called
amortization. It's similar to charging off Depreciation on
Fixed (Tangible) Assets. Patents, Copy Rights, Goodwill,
etc. are some of the example. Even Preliminary Expenditure
is an intangible asset and is charged of to P&L A/c of more
than one Accounting year (5yrs., 10yrs., etc.)
| Is This Answer Correct ? | 20 Yes | 0 No |
Answer / sameer
to my knowledge intanganble assets never gets depreciated they are written down
| Is This Answer Correct ? | 19 Yes | 5 No |
Answer / sanjeev kumar mahajan
Reponses to the above query by Sameer and H.R Sreepad..
Bhagi,,. are sustained and i think Vijendra couldn't get
the question that's why has given a diplomatic answer.
question has clearly prescribed the word Intangible assets"
and intangible assets are amoritised not depreciated.
Further Adding if goodwill have been acquired then it is
shown in books and amortised.Self generated goodwill are
not shown in the books as per Accounting Standard 26 as per
IcAI. Thus, question for amortisation of self generated
goodwill don't arises.
Sanjeev Kumar Mahajan
09911700517
| Is This Answer Correct ? | 9 Yes | 0 No |
Answer / md asif ali
deprication can not done on intangeble asset. calculate
deprication on asset, The asset which decrease this value
permenently by use of asset,accdently,exhortion of asset.etc
| Is This Answer Correct ? | 4 Yes | 2 No |
What is revaluation of Accounts, how does it is accounted in business
Debit Note & Credit Note?
npa is either person or account
What is management? what is finncial management? difference b/w accounts& finance?
why Balance sheet tally, why the Liabilities and Assets will always equal.(for a business man how does it helpful, if liabilities and assets are equal)????? Hope I will get the accurate answer Thanks in Advance.
is 'loan' categorized as billpayable?explain
What will be the position of the owener of the company?If the company liablites are more than company assets . a. solvent b. insolvent c. profitable d. liquidity
20 Answers AIG, Deloitte, IBM, Infosys, LIC, Progressive, SVPL, TCS,
16. Eurodollars are best described as =============== a) The new currency of the European Union b) A U.S dollar denominated deposit ….generally in a bank located outside the United States …that is not subject to US banking regulation. c) A currency deposited outside its country of origin d) A foreign..denominated deposit subject to US banking regulations
5 Answers Capital IQ, Copal Partners, FactSet Systems, Wipro,
How many accounting standards issued by ICAI?
give me only one transactions in both side (debit&credit) should be in real accounts
why may types of accounts
what happens to each of the three financial statements when working capital increases?
Audit 
