What do you mean by depreciation?
- 14 Answers
- 16958 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / mahboob alam
Depreciation is a measure of the wearing out, consumption or other loss of value of a depreciation asset arising from use, effluxion of time or obsolescence through technology and market changes.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / nagaraju vuppala
depreciation is simply a method of allocating the cost of a tangible asset over the expected useful life of the asset. As a simple example, a machine that cost Rs1,00,000/- would depreciate at a rate of 10% per year
Depreciation Amount = Asset Value x Annual Percentage
Balance = Asset Value - Depreciation Value
, Generally we use Straight Line method
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / sanmilan
All Assets have a Life Span. The capacity or productivity of
particular asset need not be same as initial years after
using the same for 5 years. So cost of acquiring an asset is
spread over the estimated life of the assets. This is called
Depreciation.
| Is This Answer Correct ? | 8 Yes | 9 No |
Answer / rajesh v c
Depreciation is a provision made in order to replace the old asset.
| Is This Answer Correct ? | 0 Yes | 1 No |
can any one send me tally professional version link
what is depriciation?explain all methods of depriciation?and give more dwtais about depriciation?
Can you differentiate accounting and auditing?
Period I :- Sales= Rs 15000. Profit= Rs 400. Period II :- Sales= Rs 19000. Profit= Rs 1150. Calculate : a) P/V ratio. b) Profit when sales are Rs 12000. Cc) Sales required to earn a profit of Rs 2000. d) Margin of safety in period II. e) variable cost in period I.
Explain what is the disadvantage of double entry system?
recently watched film narret the story.
1 Answers FactSet Systems, HCL, JPMorgan Chase,
whaT IS THE notional cash pooling
How to show discount received in Tally?
how is suspense a/c treated after it has been shown in the trail balance ?
kindly send the TDS tariff on Security expenses, rents, transport charges etc.,
what is TDS..? and Entry for TDS..?
All Interview related Questions pertaining to General Ledger,Finance & Accounts.
Audit 
