Fixed Assets Question:
Download Questions PDF

After run depreciation i have forget calculate depreciation of one asset then how to calculate depreciation of that asset?

Answer:

if u forgot depreciation we have to follow the preliminary principal of the depreciation. That is

value of asset/life time of asset*100.

Download Fixed Assets Interview Questions And Answers PDF

Previous QuestionNext Question
What are the various means of calculating depreciation?What is the difference between the different depreciation methods?