Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is depreciation, what isdouble entry,alltypes of
assets,alltypes of liabilities

Answer Posted / sravanthi

Depreciation means gradual and permanent decrease in the
value of asset due wear and tear,technology changes and
laps of time.
entering the transaction on both debit and credit side.

Is This Answer Correct ?    10 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the accounting conventions

4226


WHAT IS INTEGRAL ACCOUNTING

2193


Dear All, Could any body send me the format of Delivery Challan? What is Even Transfer and Branch Transfer?Please let me know if any body knows? ekathirvel@gmail.com

2434


EXPAND___________NPO

1880


What is back value adjustment/correction in Nostro Reconciliations?

7698


At Present Situation in sensex market is low, It converts the whole human being life into the depth. When and how it will change? Is it possible?

2067


my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.

1927


Short Answer on ______Transaction

2120


If in a PO, the freight condition is mentioned as Air freight and the material is actually received by Road, how does the system check before making the necessary accounting entries?

2045


what is mean by provision ? give me examples ..

2128


Hi, I am doing Data Entry jobs in Accounts. please let me know "How to maintain Medical stores accounts"?

2202


what is futures and options?

2180


Who will be called as consignee

2089


Expand---------NMOP

2032


difference between contra entry and double entry?

3088