Interested to Buy Any Domain ? << Click Here >> for more details...
How Many Methods of Depriciation & Which are those ??
- 6 Answers
- 8452 Views
- Focus, I also Faced
- E-Mail Answers
Answer Posted / ravinder kumar
Depreciation when we are using fixed assets there will be
depreciation and that asset will lost the quality and
quantity periodically its called depreciation. And there
are 11 types of depreciation
1 Straight line method
2 Diminishing balance method
3 Annuity methods
4 Depreciation fund method
5 Insurance policy methods
6 Sum of digits methods
7 Revaluation methods
8 Depletion methods
O K Dear
ravinderkumar.2007@rediffmail.com
| Is This Answer Correct ? | 4 Yes | 2 No |
Post New Answer View All Answers
As you know any other accounting application?
HOW CAN WE CONVERT IN CFT TO A ROUND LOG??
please explain all accounting concepts n conventions in detail
What is the revenue recognition principle?
we can transfer stock between two firms with same name but prop. is different.
A firm had the following Balances on 1 January 1994: (i) Provision for bad and doubtful debts Rs 2,500 (ii) Provision for discounts on debtors Rs 1,200 (iii) Provision for discounts on creditors Rs 1,000 During the year, bad debts amounted to Rs 2,000, discounts allowed were Rs 100 and discounts received were Rs 200. During 1995 bad debts amounting to Rs l,000 were written off while discounts allowed and received were Rs 2,000 and Rs 5,000 respectively. Total debtors on 31 December, 1995 were Rs 48,000 before writing off bad debts, but after allowing discounts. On 31 December, 1995, this amount was Rs 19,000 after writing off the bad debts, but before allowing discounts. Total creditors on these two dates were Rs 20,000 and Rs 25,000 respectively. It is the firm’s policy to maintain a provision of 5% against bad and doubtful debts and 2% for discount on debtors and a provisions of 3% for discount on creditors. Show the accounts relating to provisions on debtors and provisions on creditors for the year 1994 and 1995.
Do you know what is icai?
Do you know what is the importance of team work in this position?
how many invoice types are there in accounting and what is the satutary obligations for each invoices and waht are the basic differences in those invoices.
What are mis reports and how do you prepare it?
Does the accounting system appear to facilitate one specialty from financial, auditing, or cost managerial or tax accounting over the others?
Can a company deduct TDS & provide TDS certificate for a bill without actually making payment towards the same??
Explain what is the disadvantage of double entry system?
Accounting Questions
what is the head for stock trnasfer
