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What is reserve depreciation?

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Anonymous

12y ago
Updated: 2/18/2023

Accumulated depreciation which is not shown in income and expenditure account as expenditure and the same is included in the net profit and shown separately as depreciation reserved fund while adding it in the capital fund.

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Clovis Abshire

Lvl 10
2y ago

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Related Questions

Can investment depreciation reserve be considered as free reserve to compute as tier you or tier ii capital?

Investment deportation reserve not considered as free reserve


What is the purpose of a reserve for depreciation and depletion?

To preserve the corpus for the remainder beneficiaries


What is the purpose of a reserve for depreciation or depletion?

to preserve the corpus for the remainder beneficiaries


What is depreciation reserve fund?

Accumulated depreciation which is not shown in income and expenditure account as expenditure and the same is included in the net profit and shown separately as depreciation reserved fund while adding it in the capital fund.


Where does reserve for depreciation go on the balance sheet?

accumulated depreciations are recorded in the liability side of the balance sheet as a deduction from concerned assets. it also shows in the debit side of profit and loss account as an expence


What would happen if the U.S. Federal Reserve Bank were to increase the legal reserve ratio?

You would expect higer interest rates, a contracted GDP and depreciation of the dollar


Can the asset revaluation reserve amortized or written off to the P and L every year?

No! the asset revaluation reserve equal to the amount of depreciation charged during the year on the revalued asset should to be transaferred to the Retained Earning.


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.


When is depreciation on a revaluation reserve realized?

Total http://www.answers.com/topic/depreciation charged against all productive Assets as stated on the http://www.answers.com/topic/balance-sheet; also called accumulated depreciation. The charge is made to allow realistic reduction in the value of productive assets and to allow tax-free http://www.answers.com/topic/recovery of the original investment in assets.


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.


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.