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Categories >> Accounting >> CompanyAffairs-CS
 
 
 
Question 
where will be effect the amount of depreciation in company
final account? If it will effect in P&L A/c & Balance Sheet
also than will amount be same in both sheet?
 Question Submitted By :: Manoj Thakur
I also faced this Question!!     Rank Answer Posted By  
 
Answer
 
Dear Manoj,
There are two types of Depreciations will be admisable 
one in flat rate system and another reducing balance system.
there will be consideration of 9000/- (4000+5000) when 
flast rate of system adopted. other wise the second method 
will be absorbed. 
Hope you will understand.
 
0
Pranesh
 
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