 Related Questions 1) what is fectitious assets?2) what is ment by cash book and day book and general leder?3)employee salary deductions under section of the income tax act of india? Read Answers (2) | Asked by : CHANDRA SEKHAR 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 ... 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 : 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 Company purchase one car on 01/01/2008, one new accounting package, and paid audit service charges. The cost of car is 20,000.00, accounting software is 6000.00 and audit fee is 3000.00 estimated depreciation Latest Answer : Car:Tangible20,000 Accounting Software:Intangible6,000 To account payable26,000 Audit Fees3,000 To account payable3,000 DereciationDereciation:Car1,000 Amortization:Software1,000 To Accumulated Depreciation2,000 ...
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