Financing Hire Purchase and Leasing Activities

In this article we will discuss about:- 1. Meaning of Bank Guarantee 2. Nature of Bank Guarantees 3. Quantitative Assessment. Meaning of Bank Guarantee: Issuance of bank guarantee is another form of...

Depreciation of an Asset: Meaning, Purpose and Types

After reading this article you will learn about:- 1. Meaning of Depreciation 2. Purpose of Calculating Depreciation 3. Types Meaning of Depreciation: “The term Depreciations means a fall in the value...

How to Calculate Depreciation of an Asset ? (6 Methods)

This article throws light upon the top six methods for calculating depreciation of an asset. The methods are: 1. Straight Line Method 2. Diminishing Balance Method 3. The Sum of Years...