Interested to Buy Any Domain ? << Click Here >> for more details...
what is the entry for accumulated depreciation?n why it is
used?when it is necessary?
- 2 Answers
- 8101 Views
- OPI Global, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / srinivas sk
Every Year we depreciate the fixed assets value as per the
companies act as companies polacies dep is ( slm or wdm
methods ).
Accumulated deprciation entry is
Dr Depreciation A/c
Cr Provision for Depreciation A/c
( Being dep for the year accumuated )
| Is This Answer Correct ? | 16 Yes | 2 No |
Depreciation should be accounted every year, to know the
exact value of the asset as on particular date. it usefull
to resale of the asset also.
Depreciation a/c. (Indirect Expenses)
to Depreciation Reserve (Fixed Assets group)
(Being depreciation accounted for the year ....)
| Is This Answer Correct ? | 2 Yes | 5 No |
what is inflation?
27 Answers Capital IQ, Pixnet Communications,
in first puc accountancy book by B.S.Raman there is a lots f definitions for everything so how should i have to study
Can you tell me the closing stock entry?
21 Answers Alpha, Cyber Matrix, Satyam,
what is vat and sales tex?
Expand ________FBT
EXPAND___________ILO
Respective sir I'm bcom 1st sem student. I have very interest in banking sector. I finished my pu with 88% how I can prepare for banking exam (especially po)yet I have no any practice but I hope if I get good guidance I can pass my banking exam so kindly inform me how I can prepare for po exams. My email address is- 98anjuma@gmail.com. I'm really counting second when I will get ans by u. Thank you sir
what is the use of memmorandam voucher in tally ?
What is Accout Payable and receible
Clasify Loss
Explain why cooperative accounting is different from financial accounting?
1 Answers Meru University of Science & Technology,
Short Answer on __________Trade
Audit 
