what is depriciation?explain all methods of depriciation?and
give more dwtais about depriciation?

Answer Posted / k s reddy

depreciation is a gradual decresing value of an
asset,there are two major methods to calculate
depreciation 1)fixed installment method 2)diminishing
balnce method.
FIM:asset value*depreciation % or
FIM:asset value+installation expenses+repairs-scrap/life
period of an asset.
DBM:balnce b?d value of an asset*depreciation %

Is This Answer Correct ?    7 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how to assign the cost center to GL Account in SAP (FICO)

2309


Anti Takeover policies

1676


Tell me about an invoice discrepancy you discovered and how you resolved it

654


WHAT ARE THE MOST ELEMENTS OF YOUR JOB?

1494


Were i have to enter for agreements in tally and in which ledger it will come

1225






Explain what is bank reconciliation?

3409


Tell me what is working capital?

633


What is the diffrent job&project accounting?

1469


I WRITE GROUP-4 EXAMINATION.I STADIYING INTERMEDET HOW MANY PARSANTEGE OF GROUP-4 EXAMINETIN

2564


how to reduce the interesting giving to debts ?

1681


Please help me in this entries Pass accounting entries for the following transaction in the books of XYZ company. A rendered professional service to company XYZ and sent an invoice dated 01/01/2016 for Rs 1,00,000/- + service tax Q1. Pass journal entry for the invoice received considering the service tax and TDS. Q2. Payment was made on 01/02/2016 by cheque. Pass payment entry.

1296


how to finalised the Balance sheet & profit & loss A/C

1839


Tell me do you think there is any difference between inactive and dormant accounts?

617


state (5) accounting concepts and give 1 example of each

1530


which subsidiary book is source of these:debit note,credit slip,

1561