Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Why we do depreciation?What is the main object of Depreciation?

Answer Posted / kolluru venkatesh

We calculate the depreciation on fixed assets of the company due to using in day to day activities and it will treated as Revenue expenditure,

The main object of calculate depreciation on the assets is to know the face value of asset on the particular day to sale or to know the company position by preparing balance sheet

Is This Answer Correct ?    1 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

the bank returned S meyer cheque for R450. the cheque has been dishounerd because of insufficient funds, discount of R50 was allowed the account was settled

1845


What is corporate assesses?

2500


wat is mass allocation and when it is used

2060


Do you know any other accounting application?

1062


What are premises in accounting sense? What is vat adjustment?

1130


What is the rate of penalty charged when the given Vat Cheque dishonoured?

2557


Hi, Mobile manufacturing given a mobile phone as a gift to their employee. What journal entry we need to pass in company point of view.

952


If we started new project of Housing with Construction linked payment plan . How can booked our revenue or Sales .

2298


Explain the types of ledger?

4099


What is the difference between lc and bg(letter of credit

2016


What is cost accountancy?

1338


what is bank aceleted?

2137


What is short term solvency ratio?

1117


As you know any other accounting application?

1079


examole of cash to cash contra entry

2283