Answer Posted / charles rodrigs .c
Depreciation is the decrease in the value of fixed asset due
to wear and tear,passage of time ,obsolescence etc.
Depreciation a/c Dr
To concerned asset
P/L A/C Dr
To Depreciation
Is This Answer Correct ? | 20 Yes | 0 No |
Post New Answer View All Answers
what is the Differed Tax Liability & How it is calculate ?
What is normative accounting?
If assume we paid 50/- as an advance for worth or 100/- goods, but our supplier sent only up to 25/- worth of goods. Know my question is that we want to close the transaction now and how it possible? What about vat like tax setups in ap and ar? What about the sweep command in ap?
Cheque Received From Customer What is accounting entry and in which vocher. coustomer order is 100 items . 5 items given to customer cost rs 2000 5 items Total 2000 and remaing 95 items not deliveried 100000 Cheque Received
how will you handle fairs in askening with the a high posistion person in a company? how will i develop my attitude when interviewed? am always scared.
A motor car purchased on 1 apr 10 worth rs 10000 taking a loan from bank of rs 8000. Emi will b 500 pm inclusive of interest rs 100 pm.all repayments are done by bank overdraft. Prepase bshEet & P&L as at 31 mar 10
Can a company deduct TDS & provide TDS certificate for a bill without actually making payment towards the same??
How Can We Differ Horizental & Vertical Balace Sheet? Explain.
How new/innavtive assets are to be treated under IFRS?
Our is a banking Activity, one person is supplying printing advertisement sheet of our product, whether he is liable to deducte TDS @ 1%
How do I charge bank charges on payments to clients
What is the basic accounting equation?
How does accounting contribute to the community?
Tell me do you think accounting standards are mandatory and why?
How to calculate Gratuity & when it's applicable to employee after three years or Five years?...