Interested to Buy Any Domain ? << Click Here >> for more details...
what is the differace between depreciation and provision
- 7 Answers
- 29435 Views
- Genpact, I also Faced
- E-Mail Answers
Answer Posted / bloody idiot
Depriciation is provided as a cost throught life of the
Asset, It is a nominal charge for Utilisation of the Asset
and represnts reduction in the Value of the Asset
throughout its life.
Provision for Depriciation is the expense provided for in
the current Financial Year in the absense of Actual
Depriciation. In the next year the actual Depriciation of
Prev. year is reduced from Book Value and also reduced from
Liability(Provision)
| Is This Answer Correct ? | 17 Yes | 5 No |
Post New Answer View All Answers
Why Are You Not Working Anywhere From Past 6 Months ?
Can profits be known from balance sheet of any company?
Name of the companies listed in sensex ?
What are the different types of accounts in Banks?
Why do accounts need adjusting entries?
What are the basics of Monetary policy?
What is eft?
Discuss on consumer credit card.
CASE STUDY:- Assume you an insurance consultant dealing with an umbrella of insurance products of various insurance companies. You have been approached by the Dean of a college to give presentation on the insurance titled” life insurance fulfills the needs of a person”. The presentation a should include the various needs of a person at different stages of life. You have been requested to include sufficient example to make the presentation more reachable.
What Are Various Functions Of Rbi?
Do you know about RBI key monetary policy rates and their current values?
Explain About Openpages Internal Audit Management?
Banking sector falls under which sector?
What Are Various Services Provided By A Commercial Bank?
What is the difference between Miss and Mistress?
