what is depreciation

Answers were Sorted based on User's Feedback



what is depreciation..

Answer / chetan

Depreciatation is reduction in tangible assets value over
period of time

Is This Answer Correct ?    10 Yes 0 No

what is depreciation..

Answer / hussain

redusing the value of asset or wear & tear value of asset

Is This Answer Correct ?    2 Yes 0 No

what is depreciation..

Answer / pratik mishra

The value of tangible goods (can be touched like furniture, computer etc.) getting decreases day by day as it is purchased from a place. It is calculated after the Financial Year ends or when a business wants to sell the specific asset.

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Accounting General Interview Questions

what is casual receipt? is it exmpted in income tax?

0 Answers  


any body pls. tell me, if we purchase with credit card how to take into tally ( and) comes under which group for credit card purchases

2 Answers  


Explain what is involved in the process of double-entry accounting?

0 Answers  


whats the manufacturing account

1 Answers   IOCL,


What is the marginal cost formula?

0 Answers  






Let me know the liability positions of Partners

0 Answers  


why are accounting firms needed?

0 Answers  


Hi,i went for an interview they asked me why a balance sheet should tally.can anyone tell me

2 Answers  


what is accounting concept? explian in brief?

9 Answers   Capital IQ, Hero Honda,


please tell me what is journal entry for salary: Gross Salary 10000 and net salary 75000.

3 Answers   Synergy,


What is FDI?

5 Answers  


Can i put opening stock in new company during closing time

0 Answers  


Categories