banner_ad

Does depreciation mean spreading over the cost

210 views 5 replies
User Avatar

1359 Points Joined October 2021
does depreciation mean spreading over the cost
0 Reply Share Follow
On 13 June 2022 at 13:20 Report
Replies (5)
User Avatar

Chartered Accountant
86505 Points Joined April 2011
You can called it so, but actually it is provision for reduction in value due to wear & tear or use of such asset.
1 Reply
On 13 June 2022 at 14:12
User Avatar

CFO- at NHTF
58280 Points Joined August 2012
Spreading the cost over the useful life of asset
1 Reply
On 13 June 2022 at 20:14
User Avatar

Profession Business
28196 Points Joined May 2017
Amount set aside for future repairs . Depreciation is basically inflow .In cash flow statement we show it as inflow.
Reply
On 15 June 2022 at 09:49
User Avatar

CFO- at NHTF
58280 Points Joined August 2012
Not only for repairs but also for buying new or replacement of asset
Reply
On 15 June 2022 at 11:29
User Avatar

Chartered Accountant
86505 Points Joined April 2011
Agreed
Reply
On 18 June 2022 at 23:37

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details