Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What the entry for Accumulated Deprecition??

Answer Posted / bhageshwar mishra

Accumulated Depriciation is not enteed in financial books.
It is requirement of AS-6.

Depreciation for the year is charged in financial books and
accounting entry is

Depreciation A/c Dr.
Fixed Assettes A/C Cr.

Is This Answer Correct ?    12 Yes 9 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Who uses accounting?

1195


simply define shares and debentures

1793


Please give me as example of service tax & Vat Posting through Tally.

2207


What is BRS Adjustment entry?

4297


What is the difference between the accrual accounting and cash accounting?

1110


what is the primary of for-profit organisation

1953


What is Bank Reconciliation Statement? How to calliculate in tally erp9.0?

2532


What is accounts receivable?

1167


Can i put opening stock in new company during closing time

1750


how to individual capital account.

2439


a.what products does your firm produce? b.what costs are asssigned to the product produced? c.for particular product,what direct materials are used? d.what percentage of total manufactoring costs is direct labor? direct materials?overhead? e.how is overhead assigned to the products? f.do you now use or plane to use an activity_based management system?why or why not?

2404


what do you mean by Firm

1671


My question is.. I Received the amount from party through the bank. example. 1. Actual received from party $1000 @ 32.70 = 32,700 baht(service charge included ) 2. Bank Charge 500 baht 3. Given the credit to pary $ 1000 @ 32.50 = 32,500 baht 4. and bank charge 500 debit on party account also. .... For the First three transacion on account bank account dr 32200 bank charge dr 500 party cr 32,500 ex. fluxation cr 200 how can treate the 4th transaction. thanks in advance

1904


Define bills receivable?

1345


What Is Responsibility Accounting?

1244