Answer / gopal

decreasing the value of an asset, due to the wear and tear
of the asset..

Depreciation a/c Dr.
To Asset a/c Cr....
(Being the asset depreciated)

Answer / nisha

depreciation is wear & tear arises in the value of asset
due to its use & passage of time. it shall be calculated on
historical cost or any value replacing the historical cost.
Provision For Deperciation A/C DR
To Fixed Asset A/c
P&L A/c DR
To Provision For Deperciation A/C

Answer / anchit saxena

this term depreciation is used to denote decrease in the
book value of a fixed asset.

Entry is- Depreciation a/c dr.
to Asset a/c

Answer / guest

DEprection means permanent and gradual fall of asset value
due to vare and tare, useage etc.

deprection a/c dr
to fixed asset a/c

Answer / naveen yadav

depreciation mean it is a permanent degrease in the value
of asset .loss in the value of asset.
depreciation a/c dr
to fixed a/c cr

(being depresiation on fixed asset)

Answer / yogeshd

Due to use of Fixed Asset their value is reduced that reduction in value is called depreciation

Depreciation A/c Dr.
To Asset A/c

Answer / manoharkommuru

depreciation a/c dr
To accumulated depreciation

Answer / manoj kumat

depreciation is the portion of the total cost of a fixed assets which is charged against revenue as an expense in on accounting periods.

SLM- Straught line mathod
WDV- Weight down value

Whst is the formula for getting the GOODWILl ??

1 Answers  

"i have received half of the salary in advance and another half in the end of month" what will be the journal entry for this?

6 Answers   ACS, Genpact,

In 3 way match.....Order qty is 100 and received 90 and 10 got rejected. But the supplier sent an invoice for 100 qty. what are the steps we need to take in SAP. Whether we need to reject the invoice or process with the 90 qty .please explain with real time.

0 Answers   Genpact,

Please explain what do you do to increase revenues? What are your tactics, techniques, and sales methods?

0 Answers  

which date is effected in books related bank recancilation transaction date or value date?

1 Answers   JK Associates,

What is a Special Calendar and its types

0 Answers  

What are the four classifications of bad and doubtful debts as per the context of the bank?

0 Answers  

could i know how to accounting lease intrest ?

0 Answers  

what is professional tax slab rate ?

2 Answers   DNS,

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0 Answers   HP,

Provisioned for electricity for the previous month's bill Rs. 8000 (pass journal entry)

1 Answers   SSPL,

What is the meaning of Trial Balance.

3 Answers