Interested to Buy Any Domain ? << Click Here >> for more details...
what is depreciation ?
- 7 Answers
- 9339 Views
- Genpact, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / megha arora
Reduction in the value of fixed assests due to normal wear
& tear and obsolescence
| Is This Answer Correct ? | 19 Yes | 0 No |
Answer / anoj
It is decreasing value of fixed asset due to use of asset
or wear and tear or laspe of time.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / gajendra yadav
it is deduction on the fixed assets in certain time.expet
the bulinding & land.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / s.srinu
The concept of depriciation refer to the process of
allocating the intial of fixed assets to several periods
| Is This Answer Correct ? | 0 Yes | 0 No |
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.
| Is This Answer Correct ? | 0 Yes | 0 No |
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
| Is This Answer Correct ? | 0 Yes | 0 No |
What is periodicity concept
Where we have to take the Director's current account, wages a/c, Accruals, sales tax payable in Balancesheet
In IGATE, 2 yrs bond for fresher and reverent experience 1 year bond. First z essay writing. “Unforgettable movement ur life” Tiz in ITPL IGATE stopping
Is WCT liable to be deducted in Whole of Invoice Value? (including VAT & Service Tax)
Expand F I E
Journal entries if the following line items are given as adjustment in balance sheet and p l a/c Fire accident of inventory Case 1. No insurance coverage Case 2.partly insurance coverage Case 3. Fully insurance coverage
joint venture?
What is the accounting treatment for preoperational expenses
1. what is debenture? 2.Why company will issue shares? 3. What is audit? 4. What is the role of finance department? 5. What is mutual fund?
EXPAND_________SEAMEC
what is bond and what is debentures
N N SALES: DEPT A 150000 DEPT B 2500 100000 newspaper 1000 rates 500 elect 250 salary 10000 stock 1/4/92 :dept A 2300 DEPT B - stock :1/4/93 dept A 1200 dept B 700 newspaper 300 prepare trading profit and loss account. thanx
Audit 
