Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / sanmilan
All Assets have a Life Span. The capacity or productivity of
any 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.
Straight Line Method, Written Down method, Declining method
Sum-of the Years’ digit Method are the Deprecation Methods.
Most commonly used are Straight Line & WDV Methods.
| Is This Answer Correct ? | 8 Yes | 0 No |
Post New Answer View All Answers
Tell me how much statistics knowledge is necessary or required in accounting?
i want to wearies heads under direct expenses and indirect expenses
BRIEF IN DETAIL REGARDING RATIOS
Knowing what you know now, walk me through what you would do differently to drive even more success?
If A Company pays amount thru bank for a supplier deducting tds on behalf of B company. Accounting entries to be made in company A and B
During execution of Works Contract,If Contractee(Customer) supply goods to contractor, then it should be shown in Invoice as deduction or no need to show in Invoice.
What are the two most important Factor that should be kept in mind when there is a buy back of shares in companies as per indian companies act,1956
Do you know executive accounting?
how many view the tally backup erp9 after the tally backup in tally
WHAT ARE THE DIFFICULT ELEMENT OFF JOB
CAN C FORM AND F FORM BE ISSUED FOR SAME JOB WORK CONTRACT CONSIGNMENT
What is the revenue recognition principle?
calculations of pf
contents of an invoice receipt? difference b/w statutory audit & internal audit? Where the bank book and the cash book will not reconcile? difference b/w income & expenditure a/c & p/l a/c? what is ERP? what is full form & the application of SAP? Why income statement prepared? What are the reasons where Balance sheet will not tally? How do you calculated Closing stock in the trading a/c? When will the cash book have a Credit balance? Why do you prepare p/l appropriation a/c? What are the 4 difference b/w public and private company? What do you mean by Contingent liability? Explain: Accrual Concept 1. Realisation concept? 2. Accounting concept?
Is transfer Profit / loss account to capital account important in Tally ERP 9 at the end of the financial year? And what is the benefit of transferring P/L account to Capital account ? Please I want someone to answer my question, this is my second question I posted one question 2 days ago also nobody reply to that question. Thank you.
