whats is depreciation? formula for calculating deprecation
?
Answers were Sorted based on User's Feedback
Answer / rakesh
Depreciation Value of the asset - scrap value
______________________________
Total numer of years
Depreciation means permanent fall in the value of the
asset.
Is This Answer Correct ? | 69 Yes | 5 No |
Answer / ullas patil kulkarni
Depreciation is the reduction in the value of asset year by
year due to wear & tear, absolecense etc
FORMULA
Depreciation = Total Value of the Asset - Scrap Value
_______________________________________
Life Time of the Asset(in years)
Is This Answer Correct ? | 62 Yes | 3 No |
Answer / shraddha kasalkar
reduction in the valve of fixed assets
depreciation= cost of asset-scrap value/estimated life
Is This Answer Correct ? | 18 Yes | 8 No |
Answer / sandipan chakraborty
Reducing balnace method,
straight line method
Is This Answer Correct ? | 9 Yes | 5 No |
Answer / samuel haile
Depreciation = Total Value of the Asset - Scrap Value
_______________________________________
Life Time of the Asset(in years)
Is This Answer Correct ? | 8 Yes | 5 No |
Answer / abc
depreciation means fall in the value of fixed assets due to
their use in business , passage of time or obsolescence.
1Depreciation = Total Value
of the Asset - Scrap Value
_______________________________________
Life Time of the Asset(in years)
2Reducing balnace method,
3straight line method
Is This Answer Correct ? | 3 Yes | 0 No |
Answer / bharat singh
Deprecation:-
""deprecation charged on fixed assets,it is calculate on book value.Depreciation is the reduction in the value of asset year by year due to wear & tear, absolecense etc"".
formula for calculating deprecation.?
Total Value of the Asset - Scrap Value
= _______________________________________
Total numer of years
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / ankit chhipa
dep is the value of diminishng &redumption in the depriciable assets due to effluction of time,use of asset etc,
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / m. zafar
d = (V - Vs) / N
Where, d = annual depreciation, Amount/year
V = Original value of the property at start of the service life period, completely installed and
ready for use, Amount or FCI(Fixed capital investment)
Vs = Salvage value of property at the end of service life, $
N = Service life, years
Is This Answer Correct ? | 1 Yes | 2 No |
How to raise my credit score if I have 500 credit score?
what is the benifit of deprecation in the case of provision of depre.
Accounting records only transactions which are expressed in ---------------------
What is the accounting treatment for preoperational expenses
Expand--------STSC
vwhy a variable cost is said to be variable?
What is the treatment of Capital Work in Progress as per the International Accounting Standards.
what is demand?
WHAT IS DIFFERENCE BETWEEN TDS AND TCS?
Queries for Big4 Articleship : Article Vacancies application starts when?
3 Answers Deloitte, Ernst Young, KPMG, PWC,
i want to know the TDS deduction Chart for 2008/09 Eg : professional fee ,contractors ,subcontroctors. rent . ............
HOW MANY ACCOUNTING STANDARDS ARE PREVAILING IN INDIA AS DECLARED BY ICAI