What is provision for depreciation? What is it entry in P&L
& Balance sheet? How it is different from Depreciation
expense?
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Answer Posted / aditya jain
1. depreciation a/c dr
to fixed assets
2. provision for depreciation a/c Dr
to depreciation
3. p&l a/c Dr
to provision for depreciation
| Is This Answer Correct ? | 52 Yes | 22 No |
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