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مزيد من المعلوماتJul 01 32 Disclaimer While all the effort has been made to make this service as helpful as possible this is free service and the author makes no warranties regarding the accuracy or completeness to any information on this website Source TR /5TR /5Depreciation is the method of allocating costs to the appropriate period Although accountants have to follow generally accepted accounting principles GAAP for financial statement reporting purposes they have different allowable methods to consider Depreciation isn’t part of the whole equation for figuring the fair market value which is the amount of money the company may
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مزيد من المعلوماتDepreciation Chart as per Companies Act Depreciation under Companies Act SCHEDULE II See section 123 USEFUL LIVES TO COMPUTE DEPRECIATION PART ‘A’ 1 Depreciation is the systematic allocation of the depreciable amount of an asset over its useful lifeJul 01 32 Disclaimer While all the effort has been made to make this service as helpful as possible this is free service and the author makes no warranties regarding the accuracy or completeness to any information on this website Source TR /5TR /5
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مزيد من المعلوماتChapter 12 Depreciation declining balance DDB method for an expected life of 12 years $10 500 with an estimated salvage value of $500 and a projected useful life of four years Adventure Airlines recently purchased a new baggage crusher for $50 000Depreciating assets A depreciating asset is an asset that has a limited effective life and can reasonably be expected to decline in value depreciate over the time it is used Some assets such as land and trading stock are not depreciating assets The general depreciation principles apply to most depreciating assets used in primary production
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