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What the journal entry pass for appreceation
Fixes asset Dr
Cash/Bank/Supplier Cr

Is i m Wright

Answers were Sorted based on User's Feedback



What the journal entry pass for appreceation Fixes asset Dr Cash/Bank/Supplier Cr Is i m Wrig..

Answer / suresh.chepuri

Appreceation increas es the asset value and it should shown
in the Realization A/c


Fixed Assets a/c Dr
to Realization a/c

Is This Answer Correct ?    11 Yes 3 No

What the journal entry pass for appreceation Fixes asset Dr Cash/Bank/Supplier Cr Is i m Wrig..

Answer / sajjad

so whats the effect on Trail balance and balance sheet

Is This Answer Correct ?    4 Yes 2 No

What the journal entry pass for appreceation Fixes asset Dr Cash/Bank/Supplier Cr Is i m Wrig..

Answer / praan

when the appreciation fixes asset i think it is the
addition of the asset so it is an expense so it is

Expense for appreciation A/C Dr
To cash/ Bank A/C

Is This Answer Correct ?    6 Yes 7 No

What the journal entry pass for appreceation Fixes asset Dr Cash/Bank/Supplier Cr Is i m Wrig..

Answer / rajukharade@yahoo.com

fixed asset a\c dr
To profit on appreciation a\c

Is This Answer Correct ?    2 Yes 4 No

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