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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?
- 5 Answers
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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 |
Answer / anil sheoran
Depreciation A/c
To Provision for Depreciation A/c
| Is This Answer Correct ? | 25 Yes | 2 No |
Answer / kalya dutta
P/L a/c Dr
To provision for depreciation a/c
| Is This Answer Correct ? | 1 Yes | 0 No |
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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