Can u please give me a proper example of how genral entries
of depreciation are recorded like if depreciation expense
is ONE HUNDRED and acc.dep is two hundred how we will
Answer / dipak shah
Depreciation expense account Dr. 100
Accumulated Depreciation account Cr. 100
( Being depreciation expense provided )
Accumulated depreciation account will show credit balance
of 300/- after passing above journal entries and at the
month end or year end this balance will get deducted from
original value of assets.
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HI I AM WORKING IN A INTERIOR DESIGNING COMPANY.WE ACTUALLY GET PROJECTS FROM CLIENTS & WE SUBCONTRACT THE WORK WE USUALLY SUBCONTRACTS THE SUPPLY OF LABOUR & SUPPLY OF MATEIALS TO SUBCONTRACTORS.WE DONT HAVE LABOURS OF OUR OWN & ALSO PRODUCTION OF MATERIALS.HOW CAN I TREAT THIS IN TALLY IS THERE ANY OPTION AVAILABLE IN TALLY FOR SUBCONTRACTING OR SHALL I ENTER THE NAME OF SUBCONTRACTORS AS SUNDRY CREDITORS AS WE DO USUALLY IN TALLY.PLEASE DO LET ME KNOW ABOUT THIS 0554125475 IS MY NUMBER
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