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 |
What is the difference between straight line depriciation method and written down value method?
6 Answers Deloitte, Sky n Sea Cargo,
What is capital gains?
let me know the difference between net cash flow and income
How to pass journal entry for vat return entry
16 Answers Central Electric, SouthEast Bank, TATA,
What if FICR?
What is Trade Recovery Estimate and how can we calculate it?
Define Joint Venture
Expand---------CRD
Does the Summary Income and Expenditure account in the Charities SORP comply with the Companies Act 1985?
Expand H M D A
What is the difference between journal ledger and journal proper?
expand D I N