Answer Posted / guest

Straight line method: This method assume equal amount of
depn over an assets useful life. This translates to equal
depn expenses amount every period.
Reducing method: The reducing balance method of depreciation
provides a high annual depreciation charge in the early
years of an asset's life but the annual depreciation charge
reduces progressively as the asset ages.

To achieve this pattern of depreciation, a fixed annual
depreciation percentage is applied to the written-down value
of the asset. Thus, depreciation is calculated as a
percentage of the reducing balance.
Annuti method: A method of depreciation under which the
depreciation expense is an amount of an Annuity so that the
amount of the annuity at the end of the useful life would
equal the Acquisition Cost of the asset
fund method:the depreciation charge should include interest
on accumulated depreciation at the beginning of the period.
This method is rarely used in practice.
insurance method:

Tell me do you have any idea about service tax or excise?

1056

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entry for cash received from debtors

1587

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What is executive accounting?

1130

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in our co we are sales of good to branch in order sales+fright, branch made jv entry in own book as full amount debit and credit. now our book show sales without freight but branch shows including freight that why differences is arise due to wrong entry passes pls clarify this entry and this entry is done last year book now balance is finalize.

2028

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What are time sheets?

1095

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Mohan sold goods on 1st sep 2009 for the rs 200000/- to sohan immediatly accepted a 3 month bill.on the due date sohan request for the renewal of the bill for further peirod of two month .mohan agree to pay interest @9% per annum to be inculuded in the new bill . determine the amount of new bill?

3344

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What is good accounts Process & Execution capabilities?

2150

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What are the 4 phases accounting?

1026

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Explain miscellaneous expenditures & profit and loss account debit balance

1063

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what is the relationship between bookkeeping and accounting?

1010

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in Tally what is cost cenre,cost categori and why we need to prepare them

2067

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how to solve cashbook question

3270

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while raising credit note for price difference,is it mandatory to charge excise duty 12.36% and vat 14.5% on local supplies

2406

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what is wct ? who take its benefit? e.g. we are works contractor, we are liable to take its benefit or not..

4779

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What is the difference in accounting and marketing and what is so different about them?

1056

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