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is depreciation a expense for company?why it is charged to
p/l a/c?
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Answer Posted / narasimha rao
DEPRECIATION IS THE IN DETECT EXPENSES ACCORDING THE
NOMINAL ACCOUNT ALL EXPENSES AND LOSS ARE DEBITED AND ALL
INCOMES AND GAING ARE CREDITED SO DEPRECIATION IS DEBITED
IN THE PROFIT AND LOSS ACCOUNTANT
| Is This Answer Correct ? | 16 Yes | 2 No |
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