What is the entry for deprecation?
Answers were Sorted based on User's Feedback
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
| Is This Answer Correct ? | 3 Yes | 0 No |
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 |
WHAT IS ACCEPTANCE? EXPLAIN THE ESSENTIALS OF A ACCEPTANCE.
Explain how to set up an employee in Tally ERP 9 for their payroll?
What is 'current deposit account'?
What is the difference between sensex and nifty
WHAT DO YOU UNDERSTAND BY RESEARCH DESIGN? OUTLINE FORMAL RESEARCH DESIGN.
What are banks?
0 Answers State Bank Of India SBI,
What is Deposit Rate?
What are commercial papers?
0 Answers Nabard, RBI, SEBI, State Bank Of India SBI,
Are There Additional Documents And Other Requirements In A Chapter 13 Case? What Is Required In The Chapter 13 Plan?
What are some of the objectives of LIC?
Name some projects in which government has to make public expenditure?
Tell me about some macroeconomic trends going on in the world today.
Business Administration (517)
Marketing Sales (1279)
Banking Finance (3209)
Human Resources (747)
Personnel Management (68)
Hotel Management (29)
Industrial Management (113)
Infrastructure Management (14)
IT Management (97)
Supply Chain Management (16)
Operations Management (39)
Funding (79)
Insurance (494)
Waste Management (1)
Labor Management (48)
Non Technical (73)
Business Management AllOther (546)