why land is not depreciated.........?

Answer Posted / vijay kumar

In-fact value of the Land always appreciates and does not
depreciate. Building standing above the land depreciates
but not the land.

Is This Answer Correct ?    2 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Assigning natural account to accounting seg. What will happen

1599


what do you mean byrecoupment of shortworkings in royalty accounts

3331


over draft balance as per cash book (journal entries needed) a,cheques deposited in bank but no entry was passed in cashbook b, credit side of the bank, column cash short c, chques received but not sent to bank d, insurance premium paid by bank as per standing instructions e, credit side of bank, coloumn cash short f, bank charges entered in cash book twice g, cheques received returned by bank but no entry passed h, cheques issued returned on technical grounds i, bills directly collected by bank j, bank charges debited by bank k, cheques received entered twice l, bills discounted dishonoured

2286


how many types of currencies are there in oracle r12

1521


what is profitability ratio and dividend policy ratio

1489






Dillution effect on EPS

1912


What are the effects when intangibles and tangible assests decrease

1670


What are negative postings?What are Credit memos ?Payment Requests ?

1735


What is mean by Asset area?

1787


how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry

1567


Purchase order value Rs. 10000/- 0.7% is erection chareges (inclusive of the above price) central Excise applicable & Local sales tax applicable,The above price is inclusive of all taxes.

1678


How to post salary advance transfer from one branch to another branch ?

1020


Do you have any idea about gst?

620


what is the Journal entry for credit card bill paid from same bank account

1241


What is fiduciary accounting?

642