discuss depreciation and types of depreciation
Answers were Sorted based on User's Feedback
Answer / guest
depreciation mean a reduce value in assets there are two
types of depreciation one of theme fixed instalment method
and second is reducing balancing method
| Is This Answer Correct ? | 19 Yes | 4 No |
Answer / vishwanath k
Depreciation means Declining the value of the Fixed Assets
year by year
Imp Note :Land will not come under Depreciation even though
its fixed assets cuz its value wont decrease usually it
will increase
ex:SraightLine method,Declining balance method,Sum-of-the-
years'-digits method
| Is This Answer Correct ? | 3 Yes | 1 No |
why loose tools are not treated as current asset?
Principles of accounting
4 Answers Bank Of America, Genpact,
Purchases entry?
What are the most important goals of accounts receivable?
What is your role in planning?
Rent paid out of your personal cash 3000 SAR
what is trial balance? How to prepare trial balance?
Why Company maintain's books of account?
I have received 75000 as retainer ship fees from ABC company what was the journal entry I have to pass in my books
What is Share Premium?
If a company Purchased Cotton Waste.. it comes under which expense/ how to treat in account
what show in balance sheet after deduct last depreciation of assets