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Is depreciation charged on current assets or not when tax payer is individual?
Depreciation is always charged on fixed assets and it does not has any relation with individual or company status.
Distinguish between depreciation policy and the concept of depreciation?
Depreciation policy is management thing that what depreciation method to use and how much depreciation to charge to each asset. Depreciation concepts are concepts which govern the depreciation process which management cannot change they are universal rules to follow depreciation that how straight line depreciation work etc.
What is the entry for accumulated depreciation?
Debit depreciation accountCredit accumulated depreciation
What are the reason for charging depreciation?
The Reasons why Depreciation are Charged are as follows:It help as a replacement of assets.It reduces tax paid on profit.It follows the marching concept which states that, the cost of an assets are spread over its useful life.
What is the difference between depreciation and accumulated depreciation?
Depreciation is for a particular year (say for Year 3). Accumulated depreciation is the aggregate of depreciation from the beginning (say from Year 1 to Year 3)
Is depreciation charged on current assets or not when tax payer is individual?
Depreciation is always charged on fixed assets and it does not has any relation with individual or company status.
What is the relation between power factor and frequency for purpose of parallel operation of alternator?
No relation is there power factor is a unit less quantity.
How do you calculate GDP mp?
You have to know that Gross includes Depreciation... And market price includes all the taxes... So...for calculation.. You have to add depreciation to domestic income, i.e; NDP at FC + depreciation....you will now get GDP at FC... Factor cost doesn't include Net Indirect TAX...so you have to add that...and you'll get the answer.... NDP at FC + depreciation + NIT = GDP at MP
How are accumulated depreciation and depreciation related?
Accumulated depreciation and depreciation are related with each other as depreciation is annual expense while accumulated depreciation is the sum of all annual depreciation expenses.
How are accumulated depreciation and depreciation expensese related?
Accumulated depreciation and depreciation are related with each other as depreciation is annual expense while accumulated depreciation is the sum of all annual depreciation expenses.
What is the GCF in relation to prime factorization?
greatest common factor
What is 5 in relation to the numbers 15 and 20?
Common factor
What does SPF stand for in relation to sunscreen?
Sun Protection Factor
What does egf stand for in relation to the skin?
epidermal growth factor
What does the relevant factor in computing depreciation include?
What principles dictate that an asset's cost should be expensed over its useful life
What is Relation between loss angle and Power factor?
Power factor = cos (angle)PF=cos @
Why accumulated depreciation exceed depreciation expense?
Depreciation expenses is for one specific fiscal year while accumulated depreciation is the sum of all depreciation expenses that’s why accumulated depreciation exceeds the depreciation if there is depreciation expense in prior year as well.
