What is the entry for deprecation?

Answer Posted / shabd kumar choudhary

depreciation a/c. Dr
Asset a/c. Cr.



AFTER PASSING THIS ENTRY DEPRECIATION IS TRANSFERRED TO
P/L. A/C.
P/L A/C. DR.
DEPRECIATION A/C.

Is This Answer Correct ?    95 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

"WHERE THERE IS A RIGHT, THERE IS REMEDY" EXPLAIN THIS WITH REFERENCE TO BREACH OF CONTRACT.

1772


Tell about fiscal policy?

677


How Often Can I File Bankruptcy?

680


What are the latest changes taking place in the economy due to demonetization?

618


What is 'rbinet'?

1020






What are the different negotiable instruments?

639


What do you know about Banks?

640


im ravi frm tumkur i did mba in finance.i m seeking job in finance if any body knows abt job vecancies or walk in in bangalore please inform me my cell no is 9986288362 and my e mail id is ravigr362@gmail.com

1654


What will your work strategy in handling the recent changes in the banking sector?

673


When have you worked in a bad team? Which steps did you take to make it better?

605


What is the general format for corporate Guarantee for taking advance?

4459


What is capm?

606


Tell something about SARFAESI Act 2002?

668


compare cumulative & non-cumulative shares

602


What do you understand by Lender of the last resort?

600