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 do you mean by depreciation?

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Assuming that a firm pays tax at a 50 per cent rate, compute the after tax cost of capital in the following cases: I. A 8.5 % preference share sold at par. II. A perpetual bond sold at par, coupon rate of interest being 7 per cent III. A ten year, 8 percent, Rs.1000 par bond sold at Rs.950 less 4 percent underwriting commission.

3563


Differentiate between provision and reserve?

1124


TDS %AGE ON CALLIBRATION CHARGES BILL

2035


What is rate & taxes in Accounting. when we make a journal entry like rate & taxes debit & party credit. So i want to guide me consider for rate & Taxes.

1658


can we adjust margin money paid to bank to open a Bank Guarantee in stock statement while calculating Drawing Power

1738


Define overhead in terms of accounting?

1070


how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry

2009


Tell us in accounting, how do you define premises?

1077


Explain how you can adjust entries into account?

1159


What are the steps involved in project implementation?

1176


Which steps in Procurement to Pay process does FI documents get created.

2108


What do you mean by ledger posting?

1064


could i know how to accounting lease intrest ?

1989


Entry Tax is Central Income or State Income. Which Challan this tax deposited ? In Sale Tax Return which column is shown this tax

1880


One car company raised an invoice of 30k to its customer, which includes car's price and one year service price of 1600 (cost). They work on 25% margin. How much amount will go to Income statement and B/S?

2690