What is the entry for deprecation?
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Answer / nirakar
Depreciation is the charge of specific period (that is
period of accounting period) with respected to fixed assets
that have been capitalized on the b/s. It's an exclude of
fixed assets on the act of an accounting management.
Is This Answer Correct ? | 3 Yes | 0 No |
Answer / md abdul bari
Depreciation A/C Dr. xxxx
To Asset A/C xxxx
then Depreciation is transferred to P&L A/C.
Profit & Loss A/C Dr. xxxx
To Depreciation A/C xxxx
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Answer / srihari.p
Depreciation A/C Dr
To particular Asset A/C
(Being depreciation made on particular asset)
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sandeep arora
depreciation on fixed asset( except land)a/c .....Dr
To fixed asset ( except land)a/c .....
and such dep. will be debited to profit & loss A/C
Is This Answer Correct ? | 2 Yes | 0 No |
DEPRECIATION A/C DR
To ASSETS A/C other than Land
and later transfer it to P&L A/C DR SIDE
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / vidhya
Entry for charging the Depreciation in the Profit & Loss
account
Depreciation a/c. Dr.
To Cumulative Depreciation a/c.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / dipak
Depriciation a/c------DR.
TO ASSET A/C
P/L A/C---------------DR.
TO Depriciation a/c
Is This Answer Correct ? | 0 Yes | 0 No |
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