how do we pass the Entry for Depreciation?
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Answer / naresh shetty
Depreciation A/c Dr
To Asset A/c
Transfer Entry
Profit & loss A/c Dr
To Depreciation A/c
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / raghu.aps eveing v b.com
Depreciation A/c Dr
To Assets a/c Cr
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / raghu.aps eveing v b.com
its very simple question
Depreciation A/c Dr
to Assets(UPS) a/c
{Being Depreciation Charged on UPS @ 80%)
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / y.rama krishna
The journal entry for depreciation is
Depreciation a/c dr
To asset a/c
(Being depreciation provided on asset)
At the end of the year
Profit
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / divyagirantla1995@gmail.com
Depriciation a/c
TO Name of the asstes
| Is This Answer Correct ? | 0 Yes | 0 No |
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