Interested to Buy Any Domain ? << Click Here >> for more details...
what is depreciation?
- 48 Answers
- 58162 Views
- Genpact, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / venkat
depreciation is permanent and continuing diminution in the
quality,quantity or value of an asset
| Is This Answer Correct ? | 93 Yes | 6 No |
Answer / romi
Depreciation is a change in the value of assets according to
events and times.
| Is This Answer Correct ? | 64 Yes | 15 No |
Answer / kranthi
depreciaton means gradually or permanant decrease in the
value of assets due to wear and tear, technology changes,
etc.
| Is This Answer Correct ? | 57 Yes | 10 No |
Answer / vijay gawalkar
Depreciation is a non-cash expense that reduces the value
of an asset as a result of wear and tear, age, or
obsolescence. Most assets lose their value overtime and
must be replaced once the end of their useful life is
reached.
| Is This Answer Correct ? | 36 Yes | 3 No |
Answer / achhar dass
depreciation is reduced the valu of the assets year to year
| Is This Answer Correct ? | 34 Yes | 3 No |
Answer / kishore
decreasing the value of Assest in year to year
| Is This Answer Correct ? | 23 Yes | 5 No |
Answer / deepu
Depreciation is decreasing the value of an asset.
| Is This Answer Correct ? | 13 Yes | 2 No |
Answer / vinotha.v
the assets value year to year reduce the value (ie)
depreciation.
EX. Machinery value Rs. 10000/-
Depreciation @ 10%
Calculation of Depreciation:
Machinery value 10000
Less: Depreciation 10000*10% 1000
_______
Machinery original value: 9000
_______
Depreciation value = Rs.1000/-.
So The machinery value year to year to change.
ie Next year calculated the depreciation Rs.9000/-
(machinery).
| Is This Answer Correct ? | 15 Yes | 4 No |
Expand-------TCSM
How to prepare monthly P&L and Balance Sheet (I am using Tally 7.)2. Please guide me in detail(step-by-step) from JV to finalization and also how to start on the first day of the next month if we close the books in the previous month.
What do you mean by SPOT Rate in case of Foreign Branch...???
when is real ,nominal, & personal a/c's used
what is sox? why it is used?
BEP= Fixed cost/Contribution*sales .Any other alternative formula 4 BEP .
does all exp and all incomes appear in profit and loss a/c???
bill to addres? ship to addres? rimit to address?
WHAT IS THE DIFFERENCE BITWEEN RESERVE & PROVISION?
What is the Branch Accountant Responsbilities ?
Expand--------RMD
What is Depreciation and how is it different from amortization
5 Answers IBM, Thomson Reuters,
Audit 
