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what is entry for depreciation?

Answers were Sorted based on User's Feedback



what is entry for depreciation?..

Answer / lingraj s kallur

depreciation a/c Dr 00000 -----

To cash a/c ----- 00000


(being depreciation charged on fixed assets)

Is This Answer Correct ?    1 Yes 2 No

what is entry for depreciation?..

Answer / abir

let, we should find depreciation on machine


Machine Dr.
Cash/Bank Cr.
(To buy a machine)


Depreciation Expense Dr.
Accumulated Depreciation Cr.
(To count depreciation)


Depreciation Expense Dr.
Profit & Loss Account Cr.
(To show depreciation on P/L account)

Is This Answer Correct ?    4 Yes 9 No

what is entry for depreciation?..

Answer / ravi

Depriciatin a/c Dr

To cash

Is This Answer Correct ?    6 Yes 35 No

what is entry for depreciation?..

Answer / guest

Depriciation A/c Debit
To Bank A/c

Is This Answer Correct ?    27 Yes 153 No

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