Answer / megha arora

Reduction in the value of fixed assests due to normal wear
& tear and obsolescence

Answer / satyanarayana raju

The wear and tare of fixed asset

Answer / anoj

It is decreasing value of fixed asset due to use of asset
or wear and tear or laspe of time.

Answer / gajendra yadav

it is deduction on the fixed assets in certain time.expet
the bulinding & land.

Answer / s.srinu

The concept of depriciation refer to the process of
allocating the intial of fixed assets to several periods

Answer / abdullah amer

Deprecitation is the decrease in the value of fixed assets
which are used in the business such deprection is to be
considered as an expense and decrease in the value of asset.

Answer / karan gandhi

Depreciation actually means the value of an asset consumed during the year. this value is transfered to p&l a/c as an expense

who are minority share holders or what is minority shareholders?

2 Answers   Thomson,

why closing balance do not come in trial balance?if it is in which case it comes?

5 Answers   HDFC,

who audit the audit firms?

1 Answers   PWC,

Interest of Rs.30000/- is received from deposits Tds of Rs 7500/- is deducted by the bank please pass the necessary entry for the same

4 Answers  

Expand ________EMI

5 Answers  

what in contingent liabilities

6 Answers   Genpact, KS,

what is ADRs?

9 Answers   Capital IQ,

what is the diferenece between cost accounting & financial accounting, with example?

1 Answers  

Received credit note for Rs 3500 towards transport charges on the goods supplied from Vinod traders. The transport charges were already paid at the time of delivery. Pass entries at the time of payment of transport and for credit note

0 Answers  

How to enter an invoice already paid?

2 Answers   India Glycols,

What is account

0 Answers  

when does accounts receivable have a credit balance?

12 Answers