Depreciation is a method of allocating the cost of a tangible asset over its useful life. Tax is a financial charge.
depriciation: wear or tear of an asset or estimated life used of an asset
What is the rate of depriciation on refigerator
Debit depreciation expenseCredit asset account
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Click on the below related link for Definitions of tax on the Web
depriciation: wear or tear of an asset or estimated life used of an asset
Journal voucher is prepaired when non cash transaction is taking place. e.g Bank charges,Sales/income tax,depriciation etc.
What is the rate of depriciation on refigerator
What is the rate of depriciation on refigerator
Reduced the velue of fixed asset
Rate of depriciation
Depreciation a/c Dr. To Asset a/c
Debit depreciation expenseCredit asset account
By depriciation a/c to asset a/c
From the information provided in the question, you cannot.
yes..depreciation cost is the variable cost..
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