depreciation is loss or expense

Answer Posted / shailesh

Depreciation is an expense as the same has been incurred
beacuse of use, wear & tear or effluxion of time. Its an
expense solely because of the need in the business.

Is This Answer Correct ?    11 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

During Cutover Activities of New SAP Implementing Company what we have upload for Closed Fiscal year (that means Legasy to SAP ) Balance sheet or Trial Balance , What is the difference of the Both?

1517


What are the benefits ofparticipation in a depository?

1597


what amounts to appropriation of profits? When provision for taxation does not amount to appropriation of profits?

1801


what are the new rules of central excise ?

1449


plz send all previous question papers for SBI clerical post.My email id is mechabhilash6@gmail.com

1521






Expand-------SNAT

1527


Short Answer on __________Measurement

1604


What is meant by advance ruling? What is the scheme of advance rulings?

1563


explain about mergers & aquisitions? asked on 30/7/09

1751


what is internal audit

1611


I want to know that if i get call from Mumbai Circle in SBI. what does it mean where will be my posting and my job profile, will i get accomodation from bank or not.

1508


what is the meaning of input vat & out put vat?

3544


Sir,I want to be good in accounting .Now i have got an oppurtunity to work in accounts department but i am average in accounts.So how can i improve and work with effiency guide me with ur tips.

1615


last date of tds deposit yearly,tds proforma challan

2199


all of interview question about coop bank of oromia

756