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what is depreciation?
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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.
| Is This Answer Correct ? | 4 Yes | 5 No |
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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2 Answers Uranium Corporation of India,
AT THE TIME OF REDEMPTION OF DEBENTURES. WHEN THERE IS PROFIT/LOSS ON SALE OF DEBENTURES WE TRANSFER THAT AMOUNT IN PROFIT AND LOSS A/C BUT WHEN WE CANCEL OUR DEBENTURES AFTER BUYING IT FROM OPEN MARKET THE DIFFERENCE BETWEEN MARKET VALUE AND COST OF DEBENTURES TRANSFER TO "CAPITAL RESERVE ACCOUNT .. WHY SO ANY PRACTICAL ANSWER ??
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