Publisher's Synopsis
Depreciation, Reserves and Reserve Funds is a book written by Lawrence Robert Dicksee and first published in 1907. The book is a comprehensive guide to accounting principles related to depreciation, reserves, and reserve funds. It provides a detailed analysis of the different methods of calculating depreciation and the importance of creating reserve funds to ensure the financial stability of a company. The book begins with an introduction to the concept of depreciation and its importance in accounting. It then goes on to discuss the different methods of calculating depreciation, including the straight-line method, the reducing balance method, and the annuity method. The author provides examples and case studies to illustrate each method and their respective advantages and disadvantages.The book also covers the topic of reserves and reserve funds. It explains the different types of reserves, such as general reserves, specific reserves, and secret reserves. It also discusses the importance of creating reserve funds to ensure the financial stability of a company and how to calculate the amount of reserve funds needed.Throughout the book, the author emphasizes the importance of accurate accounting and the need for companies to maintain proper records. The book is written in a clear and concise style, making it accessible to both accounting professionals and students. Overall, Depreciation, Reserves and Reserve Funds is a valuable resource for anyone interested in accounting principles related to depreciation, reserves, and reserve funds. It provides a thorough understanding of these concepts and their importance in maintaining the financial stability of a company.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
