Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


how accountant calculatee depriciation

Answers were Sorted based on User's Feedback



how accountant calculatee depriciation..

Answer / santosh kulkarni

ACTUALLY TWO TYPES OF CALCULATION OF DEPRICIATION ONE IS
STRATE LINE METHOD & OTHER IS WRITTEN DOWN METHOD BY THE
FIRST METHOD YOU HAVE CALCULATE DEPRICIATION ON THE OPENING
AMOUNT OF ASSET FOR EXAMPLE
VALUE OF ASSET 20000
RATE OF DEPRICIATION 10%
FOR THE 1 YEAR CALULATION IS (20000*10%=2000/-)
FOR THE SECOND YEAR
VALUE OF ASSET 18000
RATE OF DEPRICIATION
THE CALCULATION (18000-2000)
IT MEANS THE AMOUNT OF DEPRICIATION IS FIXED
& BY THE SECOND METHOD
THE YOU HAVE CALCULATE DEPRICIATION ON THE WRITTEN VALE OF
ASSET
FOR EXAMPLE
(20000*10%=2000
20000-2000=18000
18000*10%=1800
18000-1800=16200

Is This Answer Correct ?    3 Yes 0 No

how accountant calculatee depriciation..

Answer / yonus

depreciation is calculated by slm method for example if
machinary is purchase of rs 100000 ask to calculate for
the financial year. then you have to calculated under slm
company will give how much percent to take if 10 percent on
100000 means

100000*10/100 = 10000

so depreciation of 100000 is 10000

Is This Answer Correct ?    2 Yes 0 No

how accountant calculatee depriciation..

Answer / rajesh

Depreciation amount may vary for fixed assets.
for Computer 60% is depreciation amount ( For ex. if the
opening balance as on 01.04.08 Rs.10000/-.and in the
financial year nothing was added so the closing balance
will be Rs.10,000/-. below is the calculation)

Dr Depreciaton 6000/-.
cr Computer 6000/-.

Narration: Being the 60% Depreciation Calculated for the FY
2008-09

Is This Answer Correct ?    1 Yes 1 No

how accountant calculatee depriciation..

Answer / raja rajeswari

The depreciation is calculated by following way
depreciation= value of asset+salvagevalue\life priod of the
asset

Is This Answer Correct ?    0 Yes 0 No

how accountant calculatee depriciation..

Answer / shahadat hossain

Depreciation means allocation of fixed asset for estimated
years. it account calculate firstly purchase date, estimated
life year, purchase value, and Salvage value and production
capacity.

Is This Answer Correct ?    0 Yes 1 No

Post New Answer

More Accounting AllOther Interview Questions

EXPAND______________IEEE

1 Answers  


Pass entry for outstanding salry for the month of March paid in the month of April

4 Answers   Tax Time,


what is genpact? Tell us about genpact? what is GE? Tell us about GE? Describe your ideal company,location and job? why we should hire you? why do you want to join our company(GE)? What is capital bugeting? Explain the methods of capital bugeting in detail?

20 Answers   Bank Of America, GE, Genpact, HCL, ICICI, Oxygen,


What is Subsidiary book?Explain the different Books along with debit note& credit note?

4 Answers  


EXPAND___________MIS

4 Answers  


expand--------DRS

2 Answers  


what is the difference between charge & appropriation

3 Answers   Capital IQ,


what is real account

6 Answers  


what is p/l appropriation a/c?

2 Answers  


What's the difference between Issue department and banking department?

1 Answers   TATA,


Does the Commission have a policy on the holding of reserves?

1 Answers  


Bank a/c....Dr. To Debtor's A/c Is this journal entry a contra entry?

5 Answers  


Categories