Interested to Buy Any Domain ? << Click Here >> for more details...
What are the various methods to depreciate an asset?
- 4 Answers
- 14685 Views
- I also Faced
- E-Mail Answers
Answer Posted / jubeda
THERE ARE TWO METHODS
1. FIXED INSATLLMENT METHOD/ORIGINAL COST METHOD
2. REDUCING BALANCE METHOD/WRITTEN DOWN VALUE
METHOD/DIMINISHING BALANCE METHOD
THERE IS ONE MORTE WAY OF CALCULATING DEPRECIATION
THAT IS CHANGE IN METHOD.
| Is This Answer Correct ? | 12 Yes | 5 No |
Post New Answer View All Answers
correction of sundry creotors
what is the primary of for-profit organisation
Explain the Realisation concept and Accounting concept? why do you prepare p/l appropriation account? 4 difference b/w public and private caompany? How do you calculated closing stock in tradind a/c? Contents an invoice receipt? classification of Error as per accounting? Diff btwn Satutory audit & Internal audit? Diff b/w reserves for bad debts and provision for bad debts? Where the Bank book and the Cash book will not reconcile? When will the Cash book have a credit balance?
What all are the documents need to check for a supplier payment?
How can you do credit control?
What action could be taken by you and your manager to improve your performance in your current position?
Plz Ask from me New Accounting Questions.
as per partnership deed, salary to working partner is rs 8000/ per month (96000 annually), suppose if i have book profit of rs 50000/ only,then what is the procedure to give salary
Explain the meaning of long-term notes payable is or long term liabilities?
discuss seperate determination concept
Tell me what is the difference between accumulated depreciation and depreciation expense?
director wife expenses which entry
Tell me in accounting, vat abbreviates what?
What do you mean by gaap in accounting?
pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.
