what is entry for depreciation?

Answers were Sorted based on User's Feedback



what is entry for depreciation?..

Answer / lingraj s kallur

depreciation a/c Dr 00000 -----

To cash a/c ----- 00000


(being depreciation charged on fixed assets)

Is This Answer Correct ?    1 Yes 2 No

what is entry for depreciation?..

Answer / abir

let, we should find depreciation on machine


Machine Dr.
Cash/Bank Cr.
(To buy a machine)


Depreciation Expense Dr.
Accumulated Depreciation Cr.
(To count depreciation)


Depreciation Expense Dr.
Profit & Loss Account Cr.
(To show depreciation on P/L account)

Is This Answer Correct ?    4 Yes 9 No

what is entry for depreciation?..

Answer / ravi

Depriciatin a/c Dr

To cash

Is This Answer Correct ?    6 Yes 35 No

what is entry for depreciation?..

Answer / guest

Depriciation A/c Debit
To Bank A/c

Is This Answer Correct ?    27 Yes 153 No

Post New Answer

More Accounting AllOther Interview Questions

accounting rules

2 Answers  


how cash transferred from sbi to andhra bank can be post in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post)

1 Answers  


What is the Profit & Loss Account?

1 Answers   EDS, Win Medicare,


Mr. A purchased a car worth of rupees 2,00,000 on cash than what would be the entry

13 Answers   TATA,


Expand-------ATBN

0 Answers   ACS,






what is mean by bank reconciliation?

9 Answers  


what is the difference between finacial account and other account?

1 Answers  


while doing work in dolphin software when credit note is given by supplier to purchaser then purchaser is debited supplier account so on credit side which account is coming which account should be credited

0 Answers  


Is a purchase return revenue?

3 Answers  


how many accounting standards in india

12 Answers  


Received credit note for Rs 3500 towards transport charges on the goods supplied from Vinod traders. The transport charges were already paid at the time of delivery. Pass entries at the time of payment of transport and for credit note

0 Answers  


What do u mean by Derivatives and its types?

8 Answers   Capital IQ, IBM,


Categories