Accounting

Financial Accounting-I
Financial Accounting-I is the subject of the students of the first semester or first year. Who studies at Pokhara University’s affiliated colleges. Financial Accounting-I studied in the course of BBA | BBA-BI | BBA-TT | BCIS | BCA

Here you can get knowledge as well as topics of

Process and recording business transactions
Accrual accounting and adjustments
Preparation of financial statements
Balance sheet
Cashflow statements
and Accounting for cash and cash equivalents

double declining balance method depreciation

Double declining balance method | definition and example

Definition of double declining balance method of depreciation The double declining balance method of depreciation also called accelerated depreciation method. In this depreciation method first fall the straight-line depreciation rate is determined, just dividing the original cost by its life. It means the scrap value is ignored while calculating the rate of depreciation. The depreciation …

Double declining balance method | definition and example Read More »

reducing balance method depreciation

Reducing balance method or Declining balance method of depreciation

Definition of reducing balance method or Declining balance method of depreciation In this reducing balance method of depreciation, depreciation is charged on the assets based on the reduction value of the assets. A fixed percentage (%) of a depreciation rate is assigned on the reduced value of the assets. The depreciation value/ amount in the …

Reducing balance method or Declining balance method of depreciation Read More »

straight line depreciation mehtod

What is Straight Line Depreciation? Definition and Example

What is Straight Line Method of Depreciation? A straight-line method of depreciation requires a fixed amount of depreciation to be charged on the assets every year. This method is also called the original cost method, fixed installment method, equal installment method. The depreciation is calculated on the original cost of the assets. The original cost …

What is Straight Line Depreciation? Definition and Example Read More »

capital expenditure revenue expenditure

Capital expenditure and Revenue expenditure | differences and definition

Definition and difference between capital expenditure and revenue expenditure A business incurs several expenditures during the year some of them are recurring in nature whereas others are non-recurring in nature. The non-recurring expenditure and recurring expenditure respectively called capital expenditure and revenue expenditure. The capital expenditures treated as asset whereas revenue expenditures immediately treated as …

Capital expenditure and Revenue expenditure | differences and definition Read More »