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
no depriciation is usually not charged on capital WIP
Depreciation is a method of allocating the cost of a tangible asset over its useful life. Tax is a financial charge.
Yes depreciation is a fixed cost of business which is an allocation of fixed asset cost over period of asset life.
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..
NNP = GNP-Depriciation it is the net out put in a economy during a period of time.
example of sinking fund
no depriciation is usually not charged on capital WIP