Please advise is there any fixed list of % of depreciation to be charges for the different assets ?

- Newsfeed
- Find People
- More
- - Products By Bayt.com
    
    Bayt.com
    
    Shagheel
    
    Specialities
    
    Learning
    
    Companies
    
    Salaries
    
    People
    
    Blog
    
    Podcasts
- - العربية
- Use Our Mobile App
  
  Get contacted by recruiters directly with our newest chat feature!
  
  Download Now

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Next Question:
What is the correct double entry to record the depreciation charge in a period ?
Posted by:
Saidul Alam
24-April-2015

Question added by MOIZ Bootwala , Finance Manager , Hafele
Date Posted: 2023/07/10

Upvote (0) Views (1) Followers (0) Answers (0) Report Question

Be the First to Answer
Register now or log in to answer.

0 Answers

Popular Searches

Engineers Jobs Sales Executive Jobs Accountant Jobs Software Engineer Jobs Engineering Technicians Jobs

Write Your Answer

More Questions Like This

Asset book value dhs.150 transfer to sister co.buy on 1.10.10 transfer on 31.08.11.depreciation straight line 20%.journal?
Top Answer: For Example: If Asset value is Accumulated is Net book value is JV will be Sister Concern's Current A/c ... See More

Answers (3)
If an entity do not want to charge depreciation to its assets, & wants to show their assets at gross value, then what will be the depreciation entry?
Top Answer: The accounting treatment for depreciation entry will be; Dr. Depreciation expense Cr. Accumulated Depreci ... See More

Answers (4)
What is the best principal for charging depreciation of an asset?
Top Answer: Accounting principles suggest to charge Depreciation on the basis of useful life of an Asset considering ... See More

Answers (2)
If the asset is depreciated and have no more value because of depreciation But the Asset is using still in company,,What is the accounting treatment?
Top Answer: As long as the asset is used in the business, we have to show its cost and accumulated depreciation in th ... See More

Answers (3)