whatis the meaning of Depreciation? and why it will charge?
Answer Posted / shraddha
depreciation means decrease in the value of assets.
the formula of depreciation is=cost-scrap value/no.of years
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
describe any accounting process that you have developed or revised
accounting principles, accounting concepts,meaning of managment and financial accounting and cost accounting.
At the time of death of a partner, firm gets ________ from the insurance company against the Joint Life Policy taken jointly for all the partners. (a) Policy Amount. (b) Surrender Value. (c) Policy Value for the dead partner and Surrender Value for the rest. (d) Surrender Value for all the partners.
give me examples of the accounting reports you have prepared
How Advances to suppliers for purchase of raw materials is to be considered while calculating Drawing Power
At the time of depreciation run we selected actual dep key is 5% but we taken 7% so the depreciation was posted wrongly how to rectify it?
What is aggregate Liabilities ?
Where the financial accounting fails the cost accounting for is rescue but still there are some limitations deficiencies in the system?
what stock transfer applicable in sister concern unit.
Who is the sundry creditors
At the time of advance tds deducted 2% contract which was wrong but when we adjusting the adavace tds deducting 10% rent how can we adjusting that amount
If a consultant charged his fee n receive so can i pass the journal entry n how i can i maintain bal sheet
What is the diffrent job&project accounting?
Explain me the term material facts in accounting?
Explain me scrap value in accounting?