(i) Fixed Installment Method of depreciation is also known as _________ cost method.

1 Answer

Answer :

Complete the following sentence : (i) Fixed Installment Method of depreciation is also known as ... year. (v) Depreciation is ________ expenses.

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Description : How can we revive the lapsed PLI policy? a) Lapsed PLI cannot be revived b) Lapsed PLI can be revived after the sanction of the DG Post c) Lapsed PLI can be revived with the ... with 12% interest and also producing medical fitness certificate d) Lapsed PLI can be revived getting another policy

Last Answer : c) Lapsed PLI can be revived with the order of the CPMG and on paying all the installment due along with 12% interest and also producing medical fitness certificate

Description : Will there be a 17th (and more) installment of the British TV-movie series Sharpe, starring Sean Bean?

Last Answer : answer:Oooh! There’s a British series with Sean Bean? I love him; I’ve gotta go check this out. You would never misspell, oh ye Queen of the Written Word! If ever there is an error in one of your posts, I always assume it either the fault of Fluther, or rabid monkeys who hacked your account.

Description : Any reliable rumors about another Dr Horrible installment?

Last Answer : I'm a Joss fan, and a Dr. Horrible fan, but I've heard nothing about any sequels. You need to remember that it was produced during the Writer's Strike, when both writers and actors basically had ... is working on something that he'll eventually sell to Fox, thinking this time will be different. :-P

Description : What is the meaning of installment word ?

Last Answer : The word installment means boat or ship , vessel.

Description : If I don't have to pay the debt for driving black at once, how do I do it? Write if it would not be possible to repay the amount more than once. Can I write a repayment schedule directly? Or is it called something else?

Last Answer : Yes - request a repayment schedule.

Description : When someone suggests to you?

Last Answer : The repayment schedule or amortization plan is a document that sets out when and after what repayments the borrower will repay the loan or other debt. [1] It therefore determines both the exact amounts ... this does not mean the date of sending the money, but its crediting to the creditor's account

Description : When someone suggests to you?

Last Answer : The repayment schedule determines how a particular debt will be repaid. It can be a debt that is yet to arise or one that is overdue. In the second case, the creditor gives the debtor a second ... what he has not yet received - for example, he forgot to fulfill, got into financial trouble, etc.

Description : Gratuity can paid by a. single sum b. installment

Last Answer : a. single sum

Description : When the PLI policy treated as lapsed a) Policy is less than two year old and if due installment are not paid within 6 month the policy may be treated as lapsed b) Policy is less than five year ... if due installment are not paid within 6 month the policy may be treated as lapsed d) None of these

Last Answer : c) Policy is less than three year old and if due installment are not paid within 6 month the policy may be treated as lapsed

Description : Under the Reducing Balance, method depreciation is charged on the original cost.

Last Answer : State whether the following statement are True or False with reason : Under the Reducing ... method depreciation is charged on the original cost.

Description : (i) The method of charging depreciation under which depreciation is calculated on the original cost of an asset.

Last Answer : Write the word/term/phrase which can substitute each of the following statements: (i) The method ... , etc. incurred for the erection of machinery.

Description : Annual depreciation cost are not constant when, the __________ method of depreciation calculation is used. (A) Straight line (B) Sinking fund (C) Present worth (D) Declining balance

Last Answer : (D) Declining balance

Description : The depreciation during the year 'n', in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage 'N' to the (A) Initial cost (B) Book value at the end ... ) Depreciation during the (n - 1)th year (D) Difference between initial cost and salvage value

Last Answer : (B) Book value at the end of (n - 1)th year

Description : An annuity is a series of equal payments occuring at equal time intervals, and this amount includes the sum of all payments plus interest, if allowed to accumulate at a definite rate of interest from ... cost (B) Depreciation by sinking fund method (C) Discrete compound interest (D) Cash ratio

Last Answer : (B) Depreciation by sinking fund method

Description : A machine has an initial value of Rs. 5000, service life of 5 years and final salvage value of Rs. 1000. The annual depreciation cost by straight line method is Rs. (A) 300 (B) 600 (C) 800 (D) 1000

Last Answer : (C) 800

Description : A reactor having a salvage value of Rs. 10000 is estimated to have a service life of 10 years. The annual interest rate is 10%. The original cost of the reactor was Rs. 80000. The book value of the reactor after 5 years ... method will be Rs. (A) 40,096 (B) 43,196 (C) 53,196 (D) 60,196

Last Answer : D) 60,196

Description : In declining balance method of depreciation calculation, the (A) Value of the asset decreases linearly with time (B) Annual cost of depreciation is same every year (C) Annual depreciation is the fixed percentage of the property value at the beginning of the particular year (D) None of these

Last Answer : (C) Annual depreciation is the fixed percentage of the property value at the beginning of the particular year

Description : The original cost of an equipment is Rs.10,000. Its salvage value at the end of its total useful life of five years is Rs. 1,000. Its book value at the end of two years of its useful life (as per straight line method of evaluation ... be (A) Rs. 8,800 (B) Rs. 7,600 (C) Rs. 6,400 (D) Rs. 5,000

Last Answer : (C) Rs. 6,400

Description : The depreciation method which reduces the value of a machine by equal amount each year during the useful life is known as a) Estimated method b) constant percentage method c) compound interest method d) straight line method

Last Answer : d) straight line method

Description : If variable part of annual cost on account of interest and depreciation on the capital outlay is equal to the annual cost of electrical energy wasted in the conductors, the total annual cost will be minimum and the ... (b) Ohm's law (c) Kirchhoffs law (d) Faraday's law (e) none of the above

Last Answer : (a) Kelvin's law

Description : which method almost always produces the most depreciation in the first year? -General Knowledge

Last Answer : B. ​Double-declining-balance.

Description : why Novelty Chemicals bought a Motor Vehicle for$110,000 on January 5, 2016. The estimated usefullife of the vehicle is ten years. The disposal valueis estimated at $10,000. Annual depreciation is onthe straight line method?

Last Answer : Novelty Chemicals bought a Motor Vehicle for$110,000 on January 5, 2016. The estimated usefullife of the vehicle is ten years. The disposal valueis estimated at $10,000. Annual ... for annualdepreciation.d) The Balance Sheet extracts for motor vehicle and itsrelated depreciation.full question

Description : Which method of depreciation would you suggest for depreciating a five years lease?

Last Answer : Which method of depreciation would you suggest for depreciating a five years lease?

Description : Under which method of depreciation does the number of depreciation change every year?

Last Answer : Under which method of depreciation does the number of depreciation change every year?

Description : Under which method of depreciation the amount of depreciation remains constant every year?

Last Answer : Under which method of depreciation the amount of depreciation remains constant every year?

Description : Under ____________ method depreciation is calculated on written down value.

Last Answer : Under ____________ method depreciation is calculated on written down value. (a) Fixed Instalment (b) ... Balance (c) Revaluation (d) Depletion

Description : What is the Reducing Balance Method of charging depreciation?

Last Answer : What is the Reducing Balance Method of charging depreciation?

Description : Depletion method of depreciation is used in case of– (A) Cattle, Loose Tools, etc. (B) Mines, Quarries, etc. (C) Machinery, Building, etc. (D) Books

Last Answer : Answer: Mines, Quarries, etc.

Description : Which of the following does not affect cash flows from a proposal: A. Salvage value B. Depreciation amount C. Tax rate change D. Method of project financing

Last Answer : D. Method of project financing

Description : All of the following influence capital budgeting cash flows except . A. choice of depreciation method for tax purposes B. economic length of the project C. projected sales (revenues) for the project

Last Answer : B. economic length of the project

Description : The value of a property decreases __________ with time in straight line method of determining depreciation. (A) Linearly (B) Non-linearly (C) Exponentially (D) Logarithmically

Last Answer : A) Linearly

Description : ________ of depreciation calculation accounts for the interest on investment. (A) Straight line method (B) Declining balance (C) Both (A) and (B) (D) Neither (A) nor (B)

Last Answer : D) Neither (A) nor (B)

Description : Which of the following methods of depreciation calculations results in book values greater than those obtained with straight line method? (A) Multiple straight line method (B) Sinking fund method (C) Declining balance method (D) Sum of the years digit method

Last Answer : (B) Sinking fund method

Description : 'P' is the investment made on an equipment, 'S' is its salvage value and 'n is the life of the equipment in years. The depreciation for Rath year by the sum-of year’s digit method will be (A) (P - S)/n (B) 1 - (P/S)1/m (C) (m/n) (P - S) (D) [2 (n - m + 1)/n(n + 1)]. (P - S)

Last Answer : D) [2 (n - m + 1)/n(n + 1)]. (P - S)

Description : Out of the following, the depreciation calculated by the __________ method is the maximum. (A) Diminishing balance (B) Straight line (C) Sum of the years digit (D) Sinking fund

Last Answer : A) Diminishing balance

Description : Depreciation (A) Costs (on annual basis) are constant when the straight line method is used for its determination (B) Is the unavoidable loss in the value of the plant, equipment and materials with lapse in time ... income tax liability on cash flows from an investment (D) All (A), (B) and (C)

Last Answer : (D) All (A), (B) and (C)

Description : Depreciation of machines fails under the indirect expenses head. As per income tax regulations, it is calculated by the __________ method. (A) Diminishing balance (B) Sinking fund (C) Multiple straight line (D) Sum of the years digit

Last Answer : (A) Diminishing balance

Description : A machine is purchased for Rs. 10,000,00 and has an estimated life of 10 years. The salvage value at the end of 10 years is Rs. 1,50,000. The book value of the machine at the end of 5 years using general straight line method ... Rs. 4,75,000 (B) Rs. 5,75,000 (C) Rs. 6,50,000 (D) Rs. 8,50,000

Last Answer : (B) Rs. 5,75,000

Description : Give journal entry for adjusting profit made due to change in method of depreciation.

Last Answer : It can only be achieved by reducing rate of Dep retrospectively.

Description : What is retrospective change in depreciation method?

Last Answer : It means change in accounting policy such that it was present from starting.

Description : What is prospective change in depreciation method?

Last Answer : Prospective Change means the effect of accounting estimate and new policy is from current date and in future entry.

Description : Give equation for calculating depreciation under reducing balance method.

Last Answer : Dep per annum= (NBV- Salvage)*rate;

Description : Give equation for calculating depreciation under straight-line method.

Last Answer : Dep per annum= cost-salvage/useful life;

Last Answer : Annual depreciation as per straight line method, is calculated by the capital cost minus the salvage value, is divided by the number of years of life.

Description : Depreciation = cost of Asset (-)........./Estimatedlif of Asset

Last Answer : Depreciation = \(\cfrac{cost\,of\,Asset(-)........}{Estimated\,life\,of\,Asset}\) (a) ... b) Scrap value (c) Installation charges (d) months

Description : Capital : Output Ratio of a measures - (1) its per unit cost of production (2) the amount of capital invested per unit of output (3) the ratio of capital depreciation to quantity of output (4) the ratio of working capital employed to quantity of output

Last Answer : (2) the amount of capital invested per unit of output Explanation: Capital output ratio is the ratio of capital used to produce an output over a period of time. This ratio has a tendency to be ... its resources in lieu of capital to boost its output; hence the resulting capital output ratio is low.

Description : Capital output ratio of a commodity measures - (1) its per unit cost of production (2) the amount of capital invested per unit of output (3) the ratio of capital depreciation to quantity of output (4) the ratio of working capital employed to quantity of output

Last Answer : (2) the amount of capital invested per unit of output Explanation: Capital Output Ratio is the ratio of capital used to produce an output over a period of time. This ratio has a tendency ... order to increase the output. When countries use their natural resources instead of capital then COR reduces.

Description : Value-added means value of - (1) output at factor cost (2) output at market prices (3) goods and services less depreciation (4) goods and services less cost of intermediate goods and services

Last Answer : (4) goods and services less cost of intermediate goods and services Explanation: Value added is an economic term to express the difference between the value of goods and the cost of materials or ... services by others. So it is of goods and services less cost of intermediate goods and services.

Description : Which of the following costs would be considered a fixed cost? A. Raw materials. B. Depreciation. C. Bad-debt losses. D. Production labor.

Last Answer : B. Depreciation.