What is the entry for deprecation?
Answers were Sorted based on User's Feedback
Answer / shabd kumar choudhary
depreciation a/c. Dr
Asset a/c. Cr.
AFTER PASSING THIS ENTRY DEPRECIATION IS TRANSFERRED TO
P/L. A/C.
P/L A/C. DR.
DEPRECIATION A/C.
Is This Answer Correct ? | 95 Yes | 5 No |
Answer / sairam
depreciation a/c Dr
To Asset a/c
(being depreciation on asset)
Is This Answer Correct ? | 35 Yes | 0 No |
Answer / pradeep
Depreciation A/c Dr,
To Asset A/c.
(Being depreciation made on asset)
Is This Answer Correct ? | 14 Yes | 0 No |
Answer / abbas ali
Depreciation Account Dr
Accomulated Deprecitation Account Cr
Is This Answer Correct ? | 37 Yes | 27 No |
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