Related InterviewSolutions

• To which of the following depreciation is applicable?(a) Capital(b) Sales(c) Liabilities(d) None of these
• Depreciation depends on which of the following factors?(a) Business(b) Time(c) Capital(d) Debts
• Which three points should be kept in mind while calculating depreciation according to straight-line method?
• Under which method the annual amount of depreciation remains identical?(a) Straight-line method(b) Reducing balance method(c) Revaluation method(d) Mileage method.
• Under which method annual amount of depreciation reduces every year?
• Write a short note :Equal instalment method
• What are depreciable assets? Give its explanation and list out depreciable assets.
• Depreciation is ……………………. related expense.(a) value(b) capital(c) time(d) income
• What is the other name of Reducing Balance Method?(a) Written off value method(b) Written down value method(c) Written up value method(d) Written fall value method
• Out of the following, which asset is not a depreciable asset?(a) Building(b) Land(c) Mines(d) Gas wells