Interested to Buy Any Domain ? << Click Here >> for more details...
what is entry for depreciation?
- 44 Answers
- 80802 Views
- Genpact, IBM, Maersk, OPI Global, Wipro, I also Faced
- E-Mail Answers
Answer Posted / joanna
To record a depreciation, a contra-asset account called
accumulated depreciation has to be created. So the entry is
depreciation expenses Dr
accumulated depreciation Cr
The asset to be depreciated will be still showing in full
amount in Balance sheet under assets. However, accumulated
depreciation will be showing under this asset to reduce the
existing value. The accumulated depreciation account will
not disappear until the asset is sold or being written off
fully.
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
2Create a program that accepts a number and output its equivalent in words (maximum input number is 3000). for example Enter a number: 1380 one thousand three hundred eighty
which are the basic princeples of accountancy... with examples
Fiscal year variant F1 has 6 posting periods and fiscal year variant F2 has 4 posting periods. The posting have different start and ending dates.assign posting period variant F1 is assigned to leading ledger (0L) and F2 is assigned to the non-leading ledger(N1). You get an error message when making a posting in the non-leading ledger.?( any 1 answer) • The posting period variant of the non-leading ledger and the leading are different • The fiscal year variant of the non-leading ledger and the leading ledger are different • The posting is being made in a special period, but both variants are examples of a shortened fiscal year • The posting period for the non leading ledger group”N1” is closed
EXPAND___________LNG
How good are you at Finance?
WHAT IS THE DIFFERENCE BETWEEN SEND FOR APPROVAL (WITHOUT PARKING) AND ASSIGNMENT CORRECT IN MYSAP FI POSTING?
Expand----------CMST
different between acconting and elective mathematics
what is Journal Entries?
how many types of practice accounts?
am attend to bank exam(iob)pls send model questions
Calculate the total Depreciation for four or five Years so practice some problems on depreciation?
Where the Cost of labour, Material used and sales scrap (if sales given)get effect in balance sheet
what tax will be on puchasing of sweets and is necessery to use form 38.
What Kind Of Requirements for Vat Refund And Assessment Cases
