Characteristics Of Depreciation, Basic Factors Of Determination Of Depreciation

Characteristics of Depreciation Depreciation has the following characteristics: (1) Depreciation is charged in case of fixed assets only, e.g., Building, Plant and Machinery, Furniture ‘etc. There is no question of depreciation in case of current assets-such as Stock, Debtors, Bills Receivable etc. (2) Depreciation causes perpetual, gradual and continuous fall …

Read More »

Importance Of Insurance

Insurance is a defensive measure used against future conditional losses to hedge the possible risks of the future. It is a legal contract that protects a person from contingent risk of losses through financial means and provides a means for individuals and societies to handle some of the risks faced …

Read More »

Top Michigan Auto Accident Lawsuit Mistakes And How To Avoid Them

These five mistakes are most often made by auto accident victims during a lawsuit, playing a crucial role in hurting good people with legitimate cases. This article is intended to help honest people avoid making innocent mistakes that insurance companies and defense lawyers can exploit to avoid responsibility for damages …

Read More »

Transportation And Logistics

I remember when I first started sales, and in particularly, when I received my first bonus check. I mean to tell you that I was in hog heaven. I was receiving bonus checks on a monthly basis based on my customers past shipments- there’s nothing like residual income. I was …

Read More »

Cheap Car Insurance Is Easy To Get Online

Car insurance is an added expense over and above the considerable expense of owning and maintaining a car, particularly when you consider all the other types of insurance that are necessary in today’s world, so it is only natural to want to get cheap car insurance without compromising on coverage. …

Read More »

How To Determine If A Business Risk Is Insurable Or Not

Business insurance is designed to protect your IT company against risk, or the likelihood of a loss. But it’s important to understand that even the most comprehensive insurance policies don’t cover every type of risk, and don’t offer unlimited compensation in the event of a claim. When you buy commercial …

Read More »

What Happens To Your Life Insurance Policy In A Divorce?

It is almost inevitable that divorce will focus on monetary assets. Everything from a home to earnings can become subject to scrutiny. Yet surprisingly few people realize that a life insurance policy – and the potentially large benefits it can pay – can be a significant element of divorce proceedings. …

Read More »

Differences Between Surety Bonds And Insurance

Surety Bonds are for consumer protection that coincides with professional services and licenses. Surety bonds are one of the oldest forms of insurance dating back thousands of years. Surety bonds are more of a reverse insurance policy protecting the consumer not the principal of the surety bond. Commercial Insurance protects …

Read More »

All About Premiums Of Group Health Insurance

Group health insurance premium are calculated in two ways, specifically if you are a small business entrepreneur. It works the same as other health insurance or industries work. The industry which is operating as an insurance policy provider has to generate the revenue. This revenue should cover the cost of …

Read More »