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Home > Questions & Answers > Accountancy in Class 11 - 12 > Solutions with Answers
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Accountancy

Question: Is Depreciation an expense?

Posted by: Sowmya M G on: 28 Jun, 2017
Puneet Sharma
Rajath Jayashankar
Kartik Kathar
Sujit Kumar Das
Pangare Sanjay Dinkar
Suman Saurabh
+ 14 Answers by Expert Tutors
Answer

non cash expenses

Answer by:
Narayan Roy, Kolkata
Answer
No its a loss on fixed assets
Answer by:
Nazim Saifi, Delhi
Answer
Yes but not an out of pocket expenses. It is an expences due to wear and tear of Capital assets
Answer by:
Balram Choudhary, Mumbai
Answer

yes depreciation is a non cash expense as it records the wear and tear of the machinery which is an assest to a company. Each depreciation decreases the re sale value of the machinery which can becounted as an expense to the company

Answer by:
Akanksha Ohri, Chandigarh
Answer

Depreciation is a non- cash expense. Depreciation is a measure of the wearing out, consumption or other loss of value of a depreciable asset arising from use, effluxion of time or obsolescence through technology and market changes. Depreciation is allocated so as to charge a fair proportion of the depreciable amount in each accounting period during the expected useful life of the asset.

Answer by:
Vinita Kalyani, Siliguri
Answer

Yes Expenses

Answer by:
Ashok Kumar Vyas, Kolkata
Answer
Its a non cash expenses
Answer by:
Prosenjit Nandan, Kolkata
Answer
No its our loss
Answer by:
Nazim Saifi, Delhi
Answer

From the accounting point of view, depreciation is a non-cash expenditure which represents the wear and tear and loss in the value of fixed asset due to its continuous use in the business. Thus, it can be treated as an expense.

Answer by:
Amal Paul, Kochi
Answer
No, depreciation is a loss
Answer by:
Shyam Sahni, Noida
Answer

Yes, depreciation is a non cash expenses that is charged to the Statement of Profit and Loss account, towards usage of the fixed assets of the business.

Answer by:
Jaya Krishna, Hyderabad
Answer
Yes, depreciation is a non cash expenses that is charged to the Statement of Profit and Loss account, towards usage of the fixed assets of the business.
Answer by:
Rajdeep Samudrala, Mumbai
Answer
Yes. Depreciation is treated as a non cash expense when you are preparing profit & loss account. Depreciation arises from wear and tear due to daily usage, efflux of time, obsolence of technology etc. However, depreciation is not a cash expense therefore, it does not affect the cash flow of the company, rather than it is process of setting aside funds to replace the fixed asset when the working life of this asset ends, and management do not think that the asset is worth revaluation.
Answer by:
Koushik Das, Kolkata
Answer
Yes depreciation is an expense.
Answer by:
Anagha Shree, Bangalore
Answer
yes ....its an expense
Answer by:
Suman Saurabh, Delhi
Answer
Its comes under indirect expenses as we do not pay direct cash so it called as non cash expenses, actually it a loss instead of treating expenses.
Answer by:
Pangare Sanjay Dinkar, Mumbai
Answer
yes..its an non cash expense...its the amount set aside every year to purchase a new asset at the end of its life.
Answer by:
Sujit Kumar Das, Kolkata
Answer
Yes, depreciation is a non cash expense. It refers to the deteriorating state of fixed assets due continuous use in the business or due to normal wear and tear or due to technological obsolescence. Depreciation is charged to Profit and Loss A/c.
Answer by:
Kartik Kathar, Guwahati
Answer
Yes, depreciation of an obj. must me taken into account so as to replace the obj. once its of no more use. Therefore its treated as an expense.
Answer by:
Rajath Jayashankar, Kochi
Answer
Depreciation is considered an operating expense.
Answer by:
Puneet Sharma, Jaipur

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