Question

the turnover ratio is used in departmental Accounts for allocation of​

Answer 1

Answer:

Income tax depreciation

Answer 2

Income Tax Depreciation

Depreciation is a charge against the pay in income tax. It is a remittance on capital resources gained and put to utilize. There are various strategies for ascertaining the depreciation like the straight-line strategy or recorded worth (WDV) technique. Tax depreciation is the devaluation cost guaranteed by a citizen on a government form to make up for the misfortune in the worth of the unmistakable resources utilized in pay-producing exercises. Like bookkeeping depreciation,  tax depreciation dispenses devaluation costs over various periods. In this way, the assessment upsides of depreciable resources slowly decline over their helpful lives.