Under which method of depreciation, the value of a fixed asset is reduced uniformly over its useful life?
The method of depreciation in which the value of a fixed asset is reduced uniformly over its useful life is called the Straight-line method of depreciation. Under this method, the cost of the asset is spread out evenly over its useful life, and a fixed amount of depreciation is charged in each accounting period. The formula for calculating depreciation under the straight-line method is as follows: Depreciation expense = (Cost of asset – Salvage value) / Useful life
In how much time will a train running at a speed of 48 km/hr cross the other train running in opposite direction?
Statement I: The length of the...
The ratio between the present ages of the Mohit and Rekha is 2:3. Find the present age of the Rekha.
I: Difference between the present ages of th...
What is the yearly salary of Mr. Rohan?
Statement I: Sohan earns Rs. 44000 more than Mohan in a year who earns Rs. 16000 more than Rohan per ann...
What is the monthly salary of Amit?
Statement I. Amit spends one-third of his salary on household expenses, one –fourth on travel expense...
What is a two-digit number?
I. The difference between the two digit is 5.
II. First digit is smaller than ...
What is the sum of two numbers?
I. Difference between the numbers is ` `