what is depreciation?
Answers were Sorted based on User's Feedback
Answer / umer sethi
deficiency in the value of asset (aged assets)with passage
of time.
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Answer / naga lakshmi
Depreciation is the allocation of the depreciable amount of an asset over its estimated useful life
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Answer / minakshi
Depreciation is the yearly deducted in the fixed assets.
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Answer / mk reddy
deprecition nothing but reducing the asset value for usage
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Answer / hemanth.n.s
It is a continous and gradual shrinkage in the book value
of a fixed asset.
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Answer / rajesh
decrease in the value of asset is called depreciation
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Answer / rajesh
decrease in the value of asset is called depreciation
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Answer / prem
Depreciation is the dicrisment in the value of a permanent
(fixed asset),Means the gradual reduction of a fixed asset
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what is the use of accounting standards
Give some example of real,personal & nominal accounts , & which kind of a/c reflect p&l & BS.
20 Answers Banking, HSBC, IT Industry, Motilal Oswal, SLK,
what is working capital in what way it is useful for company or orgainzation
expand P R C
What is provision and reserve and how u treat in account
13 Answers Accenture, ASD Lab, Capital IQ, Ramky,
meaning of accounts payable
13 Answers Accounting, Volkswagen,
i received cheque from the customer and deposited in bank please tell me the both entries in tally
2 Answers Shivani Agriculture,
principles of accounts
Expand-------TNAS
What is the difference between P/L A/c and Balance sheet? When an adjustment account is prepared?
what is accounting standard?
Expand---------TMG