Latest Answer : there are 6 type of calculating the depreciation. namely1) Straight Line Method,2) Written Down Method,3) Annuity Method,4) Sinking Method,5) Machine Hour Method,6) Production Unit Method. ...
After run depreciation i have forget calculate depreciation of one asset then how to calculate depreciation of that asset
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 : The depriciation which is calculated on a particular asset till the present period. ...
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 ...
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. ...
what is the current rate(%) of PF and ESI in private ltd. companyI have needed for my Current JobThanks & rgds.Rajesh
Latest Answer : PF Contribution Rate : 12 % by employee & 12 % by Company on BASIC SALARY + DA + HRAESI Contribution Rate : 1.75% by Employee & 4.75 % by Company on BASIC SALARY + DA + HRA ...
I need simple example for all depreciation methods.Thank you so muchYousry NasrEmail yousrynasr@hotmail.com
Latest Answer : 1. Fixed Instalment method 2. Written down value method3. Annuity method4. Sinking fund method5. Machine hour rate method6. Production units method7. Accelerated method ...
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 ...