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![]() 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 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 What is meaning General Reserve?What is the role of General Reserve in Company & What time this is used and for What perpose? Read Answers (1) | Asked by : Parkar munawar Ismail View Question | Asked by : Parkar Munawar Isamil what is the current rate(%) of PF and ESI in private ltd. companyI have needed for my Current JobThanks & rgds.Rajesh 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 : if asset is not put to use more than 180 days then 50%depriciation provided ...
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