Answer Posted / tapan kumar roy
The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.
Depreciation is the Profit & Loss item on the otherhand Accumulated depreciation is the Balance Sheet item.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
how to upload ledgers in excel or word document
Define trade bills?
Suppose you buy a one-year government bond that has a maturity value of Rs.1000. The market interest rate is 8 per cent. (a) How much will you pay for the bond? (b) If you purchase the bond for Rs.904.98, what interest rate will you earn from this investment?
hi m freshe working as a account assistance. i want know about accounts, what is balance sheet, profit & loss a/c, trail balance? why these are require to company? how can i know about full account work in tally? what should i do everyday? how to finalisation calculting? kindly explain please..
what do you mean byrecoupment of shortworkings in royalty accounts
When we paid TDS on commission how will journal entry come
Imagine you have to solve problems for multiple clients at the same time. How do you prioritize?
What is process of Vendor Reconciliation and which items will be Add and Less from ad per customer books likes step by step 1-Credit Note shown in vendor a/c but not booked in our a/c- Add or Less 2-Debit Note not shown in vendor a/c but booked in our a/c - Add or Less 3-Invoices not booked in our a/c but shown in vendor a/c- Add or Less 4-Payment booked in our books but not shown vendor- Add or Less If our balance is plus or minus rules is same. like 20000, (-20000) Sir, Provide your mobile n for clarify
how to calculate the per unit cost of production
what is the responsiblities for accounts manager?
how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry
Regarding vat return,I have 3 units can i return at a time for 3 units vat return only one vat form. Kindly suggetion the same how to do.
service tax calculated on agreement value or market value whichver is higher for builders?
What are the activities that are included in the cash flow statement?
Do you know what is double-entry accounting? Explain with an example?