How Many Methods of Depriciation & Which are those ??

Answer Posted / arnold

there are two methods of depreciation:
straight line
written down value method

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.

1636


What will be the entry when deduct ESI @1.75% from the employees salary?Same as in the time of ESI of employer part @4.75% in tally posting? In PF posting in tally what will be the entry ?

1620


How can you do credit control?

782


What is short term solvency ratio?

734


Journalise- opened a saving a/c with S.B.I. ?

1309






Mention whether the account "cash" will be credited or debited when a company pays a bill?

802


WHAT IS ACCOUNTING HEAD FOR TRADE FINANCE? I HAVE PAID 49268 FOR TRADE FINANCE.WHERE SHOULD I TAKE IN TALLY

1630


Explain me what is general ledger account?

759


Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 Calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy

2525


what is core accounting?

1940


hi for all i completed Mba finance in 2008.then i got a job in kpo capital iq as jra for 1 year than i left it and done a course sap fico so now looking for a job in sap how to approach? pls give me answer

1668


Can you tell me entry tax will be applicable on Spectacles purchase from u s a  

1546


How can you made payment when bill come from vendor, what is the bills have you check.

1607


Explain me your track record in previous jobs, specifically speaking to any mistakes you may have made. There is little room for error in accounting?

792


What is the fictitious assets?

751