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What is provision for depreciation? What is it entry in P&L
& Balance sheet? How it is different from Depreciation
expense?

Answers were Sorted based on User's Feedback



What is provision for depreciation? What is it entry in P&L & Balance sheet? How it is dif..

Answer / aditya jain

1. depreciation a/c dr
to fixed assets

2. provision for depreciation a/c Dr
to depreciation

3. p&l a/c Dr
to provision for depreciation

Is This Answer Correct ?    52 Yes 22 No

What is provision for depreciation? What is it entry in P&L & Balance sheet? How it is dif..

Answer / anil sheoran

Depreciation A/c
To Provision for Depreciation A/c

Is This Answer Correct ?    25 Yes 2 No

What is provision for depreciation? What is it entry in P&L & Balance sheet? How it is dif..

Answer / sai

Depreciation a/c Dr
To provision for dep a/c

Is This Answer Correct ?    4 Yes 0 No

What is provision for depreciation? What is it entry in P&L & Balance sheet? How it is dif..

Answer / kalya dutta

P/L a/c Dr
To provision for depreciation a/c

Is This Answer Correct ?    1 Yes 0 No

What is provision for depreciation? What is it entry in P&L & Balance sheet? How it is dif..

Answer / manoj kumar

provision for depreciation is under below mention :-

Provision for Deprication a/c Dr.
To Depricaition A/c


it is different from deprication expenses because assets
value decress

Is This Answer Correct ?    35 Yes 48 No

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