how many types of depreciation?
Answers were Sorted based on User's Feedback
1 Straight-line depreciation
2 Declining-Balance Method
3 Activity depreciation
4 Sum-of-Years' Digits Method
5 Units-of-Production Depreciation Method
6 Units of time depreciation
7 Group Depreciation Method
8 Composite Depreciation Method
Is This Answer Correct ? | 65 Yes | 26 No |
Answer / harish
Straight line method and written down value method
Is This Answer Correct ? | 69 Yes | 37 No |
Answer / bhaskar
1 Straight-line depreciation
2 Declining-Balance Method
3 Activity depreciation
4 Sum-of-Years' Digits Method
5 Units-of-Production Depreciation Method
6 Units of time depreciation
7 Group Depreciation Method
8 Composite Depreciation Method
Is This Answer Correct ? | 25 Yes | 15 No |
Answer / sampath
There are four methods of depreciation they are:
1)Written down value method
2)Fixed installments Methods
3)Annuity method
4)sinking fund method
Is This Answer Correct ? | 27 Yes | 23 No |
Answer / sahib kaur
Depreciation is explained in both accounting and economic terms.
There are two types of depreciation in terms of real capital assets namely; physical depreciation and functional depreciation. The physical depreciation is the total loss in market value which is caused due to some of the physical activities. This depreciation involves any kind of repairs that involve cost. In this depreciation there are two kinds, one that is curable and the other that is incurable. The curable one is the one, which can be corrected economically. The other, which is the incurable, involves huge amounts of cost. Subsequent the Functional Depreciation is the total loss caused by inadequate design.
In the subject of accounting there are two types of depreciation; Book Depreciation and Tax Depreciation.
Book Depreciation is done for the reference of the company in order to report its financial records to its share holders, stockholders, etc.
Tax Depreciation is simply done for the reason of collecting taxes.
Is This Answer Correct ? | 7 Yes | 4 No |
Answer / pankaj malviya
There are three methods of depreciation they are:
1. Straight-line depreciation
2. Written down value method
3. Annuity method
Is This Answer Correct ? | 20 Yes | 18 No |
Answer / suraj shaik
DEPRECIATION ARE BROADLY CLASSIFIED IN TO 9 TYPES
1.STRAIGHT LINE METHOD
2.W.D.V. METHOD
3.REVALUATION METHOD
4.INSURANCE POLICY METHOD
5.SINKING FUND METHOD
6.DEPLETION METHOD
7.DEPRECIATION FUND METHOD
8.SUM OF DIGIT YEAR METHOD
9.
Is This Answer Correct ? | 19 Yes | 20 No |
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