Depreciation Question:
Download Job Interview Questions and Answers PDF
Explain renewal method to calculate depreciation?
Answer:
In this method the full cost of the asset is charged as depreciation during the period in which the asset is renewed. No depreciation is charged in between the period. This method can be used if the asset is of small value and is renewed frequently.
Download Depreciation Interview Questions And Answers
PDF
| Previous Question | Next Question |
| What is sinking fund method of calculating depreciation? | Explain revaluation method to calculate depreciation? |