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Under which head depreciation will come?
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Answer / venkata subbaiah
depreciation only shown on the TB it is shown in the debit
side of p&l a/c and depreciation is given in adjustment two
sides one time is debit side of p&l a/c and second time is
shown on the assests side of b/s deducted from fixed
assests.
| Is This Answer Correct ? | 59 Yes | 4 No |
Answer / sreeja
Depreciation will come under the indirect expenses head,and
it is come under the debit side of the p&l A/c also on the
assets side of the balance sheet,which is deducted from the
concerned fixed asset.
| Is This Answer Correct ? | 42 Yes | 4 No |
Answer / shiva prasad
Depreciation comes under the head other expenses in the p&l
statement and it will be deducted from the respective block
of asset in notes to accounts under revised scheduled vi format
| Is This Answer Correct ? | 9 Yes | 3 No |
Answer / sajeermoidu
depreciation is shown under indirect expenses
shown in the debit side of the balance sheet&deducted from
assets which are shown in the b/s
| Is This Answer Correct ? | 20 Yes | 18 No |
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