Depreciation Assignment Help
Depreciation refers to the process of deduction in the value of the fixed assets over several accounting periods. In accounting terms it is the method of allocating the cost of the fixed asset throughout the periods while generating the revenues for the business. Ask Assignment Help is one of the leading providers of depreciation assignment help to students hailing from renowned institutions all over the World. With our depreciation homework help, students are able to do well in exams and get appreciation from professors or their seniors. Established in the year 2010, our team today stands as one of the most sought after depreciation assignment help providers because of our writing experience and unquestionable subject expertise.
Depreciation basically helps to monitor the fixed assets of the company. If the depreciation will not be counted it may not project the clear picture of the company, thus showing higher profitability and net worth. As a result of which the company might pay off higher dividends and higher taxes, whereas that may not actually be the position of the company. Thus it is important to make provisions for the depreciation as it is very obvious that every fixed assets – be it factory equipment or machinery etc. Harnessing our customer eccentric approach, we promise to deliver the most reliable depreciation assignment help that would help you succeed in academics.
Depreciation is a non cash outflow but that does not mean that it is not important. It has got its own relevance because if the assets are not depreciated than it will affect the profitability and dividend payment and thus leading to low retained earnings. It is to be understood that every asset has its own useful life and after a time it may become useless and need replacement. Making provisions for depreciation basically is a pre-active step. Our team comprises of competent and extremely skillful experts, each of them being extensively experienced in providing depreciation assignment help. High on intellectual capital, our experts hold doctorates and PhD in their areas of specialization apart from their unmatched work profile.
Depreciation Homework Help
Together as a team, we at Ask Assignment Help believe in the concept of perfection and thus leave no room for mistakes in the work while providing depreciation homework help to students. Our team consists of extensively experienced and competent experts who have been providing depreciation homework help for the last 9 years. There are various methods of depreciation. Different companies may adopt different methods for depreciation.
Straight Line Method or Fixed Installment Method: In this, a fixed amount of depreciation is charged every year during the lifetime of the asset. The depreciated amount remains the same. Depreciation expense per year is equal to original cost divided by the number of year of the useful life of the asset.
Reducing Balance or the Diminishing Balance Method: Unlike the Straight Line Method, here the amount of depreciation keeps on decreasing with every passing year. For example if the value of a machinery is Rs 1,00,000 and the rate of depreciation is 10 % so for the first period it would be Rs 10,000. Now for the second year it will be charged on the value of the asset minus the previous years depreciation, i.e. 90,000 so for second year the depreciation would be Rs 9,000. So this way the amount of depreciation charged goes on decreasing.
Revaluation Method: Though, many feel that this is a very unscientific method of calculating depreciation as there can be manipulations also. Though every method has its own utility and objections, but it is the nature and decision of the business, as to which method of depreciation they can adopt.
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