Introduction of the term depreciation
Provide a brief introduction of the term depreciation? Write down the causes of depreciation?
Expert
Depreciation is an everlasting, steady and continuous diminution in the book value of the fixed asset. Except Land all the fixed assets such as Machinery, Car, Furniture and so forth depreciates in value making the asset useless subsequent to the end of a certain time. Subsequent are the reasons of Depreciation:
i) Wear and Tear because of regular employe of the asset.
ii) Deterioration takes place with the passage of time, whether the asset is in employ or not.
iii) Damages done to the assets due to a disaster like mishandling, fire and so on.
iv) Reduction of Asset.
v) Obsolescence that is, because of latest technology in employ, latest inventions, innovations and so on.
Describe briefly the term Adjustment entries?
Briefly describe the term ‘Stock market indices’? Write down the name of major stock market indices?
I have two assignments for commercial law and corporations law , and it is really high % in my total marks, therefore i hope i would have the best mark. and I am in australia, therefore all law is base australian law. so please have a look
What do you understand by the term accounting rate of return?
Explain the process of validations in the e-scripts and in the configuration?
Write down the effects of ‘under stocking’?
While preparing a bank reconciliation statement what are the significant things to be remembered?
explain the accrual basis of accounting by defining principles involved
What do you understand by the term ‘Efficient market hypothesis’?
Write down the dissimilar techniques employed for time keeping?
18,76,764
1930523 Asked
3,689
Active Tutors
1427051
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!