what is delapidation
Answers were Sorted based on User's Feedback
Answer / guest
decreasing value of buildings or any fixed assets duing the
tenancy
| Is This Answer Correct ? | 23 Yes | 4 No |
Answer / rajesh chowdary
delapidation means any damage occured during the period of
tenancy of any fixed asset viz building,plant/machinery
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / chandu
depletion means decreasing the value of wastage assets.
wastage assets are those assets which are using by them graduly reduced.
ex coal mines,
fuel etc.
| Is This Answer Correct ? | 5 Yes | 3 No |
Answer / shiv kumar k
Depreciation is wearing out, consumption or other loss of
value of depreciable asset arising from use, effluxion of
time or obsolescence through technology and market changes.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sivakumar
delapidation denotes to damage done to a building or other
proverty in tenency.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / pradeep.ch999
epletion means decreasing the value of wastage assets.
wastage assets are those assets which are using by them
graduly reduced.
ex coal mines,
fuel etc.
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / priya
it is nothing but damaged done to the bulding or any other
property dudring tennancy
| Is This Answer Correct ? | 0 Yes | 0 No |
Name the Accounting Concepts
In Pricing the gallons of petrol sold,service station 'A' follows the first-in-first-out method,while service station'B'follows last-in-first-out method.On 1st January both has the same quantity in stock viz.6,000 gallons at Rs.26 per gallon.During the month,each station recieved additional supplies of 6,000 gallons at Rs.27.50 per gallon.Sales for each of these two stations,during the month,were 8,800 gallons at Rs.29 per gallon. Determine for each service station,profit earned during the month and value of the petrol in stock at close of the month.
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1. The controlling department wants to see depreciation amount on internal orders. Which customizing setting do you need to make in asset accounting?(any 3 answer) Make the internal order in active assignment object. Make the internal order an account assignment object for the depreciation run. Set the field internal order to required or optional in the screen layout. Enhance relevant transfer variant by adding the field internal order. Assign the field internal order to account determination.
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