For replacement of assets does depreciation generate funds
For replacement of assets does depreciation generate funds?
Expert
Yes, depreciation produces funds for replacement of assets. If depreciation is charged against the asset, an important portion is taken out of the profits each year throughout the existence of the existing assets, and is accumulated and retained devoid of being distributed to the owners as dividend. Therefore at the end of the life of the existing asset, the business will have some funds to put back old asset with the latest one.
What are the reasons to become an accountant?
Briefly describe the term ‘Indirect Monetary compensation’?
According to Income Tax Act, 1961what technique of depreciation calculation is employed to evaluate the tax liability?
Write down the merits and drawbacks associated with Deep Discount?
What are the major differences between the siebel 7.8 and 8.0? Briefly explain it.
Write down the drawbacks of Management Accounting?
Briefly describe the sinking fund method of calculating depreciation?
What do you understand by the term ‘Securities Market’? And also write down various kinds of securities market?
Give a brief introduction of the term ‘Going Concern Concept’?
State briefly the reason that what is the requirement to make employees at database in the Siebel?
18,76,764
1943110 Asked
3,689
Active Tutors
1426104
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!