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Fixed Assets Interview Questions


Fixed Assets Interview Questions

Questions: 33
Comments: 64
 Showing Questions 21-30 of 33 Questions
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 Fixed Assets Interview Questions
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View Question | Asked by : Jayvant

Latest Answer: Book depriciation is that which we follow the method or book the depriciation. And derived depriciation is that which is already held the method or derived the rate of method of depriciation. ...
Read Answers (1) | Asked by : vkrishna

Depreciation is the decrease in the value of an asset due to wear & tear, obsolscense, laps of time.  
Latest Answer: Depreciation is a Gradual Diminishing or Decrease in the value of fixed assets  due wear & tear, Obsolence. ...
Read Answers (1) | Asked by : rama krishna

Latest Answer: Asset Accounting component in SAP is meant for managing and supervising fixed assets and their values. ...
Read Answers (1) | Asked by : sridhar

Latest Answer: Following are the steps:1.First activate the Dep areas(book & tax) in asset class.2.Assigng Dep key to Dep Areas either at Asset class level or Asset master data level.3.Assign Screen layout to dep areas.4.Determine how Dep Areas post to general ledger.5.Assign ...
Read Answers (1) | Asked by : Rahul

Latest Answer: The depriciation which is calculated on a particular asset till the present period. ...
Read Answers (7) | Asked by : Y.K.Ramesh

Latest Answer: When asset is added:------------------------------Asset Cost A/C DrAsset Clearing A/C CrWhen there is a change in the Asset:-----------------------------------------------If change impacts increase in asset costAsset Cost A/c DrAsset Clearing A/C Crin ...
Read Answers (2) | Asked by : jayapraksh

Latest Answer: ficticius assets are those assets which are not write off at once and which are not treated as fixed assets like Deffered revenue Expenditure. ...
Read Answers (7) | Asked by : ravindar goud

in straight line method the amount to be depreciated remains constant where as in written down method the amount to be depreciated decreases by each passing year 
Latest Answer: In Revaluation Method,the amount of depreciation at the end will be deducted from the beginning Eg. Bottles,Tools.....In sinking fund method, the amount of depreciation will be invested outside the business & this will be used for Replacement of Asstes,Buying ...

After run depreciation i have forget calculate depreciation of one asset then how to calculate depreciation of that asset
Read Answers (2) | Asked by : bmahathma

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