Interested to Buy Any Domain ? << Click Here >> for more details...
what is depreciation ? and its entries ?
- 8 Answers
- 15072 Views
- Genpact, HC, HCL, HP, TCS, I also Faced
- E-Mail Answers
Answer Posted / nisha
depreciation is wear & tear arises in the value of asset
due to its use & passage of time. it shall be calculated on
historical cost or any value replacing the historical cost.
Provision For Deperciation A/C DR
To Fixed Asset A/c
P&L A/c DR
To Provision For Deperciation A/C
| Is This Answer Correct ? | 21 Yes | 2 No |
Post New Answer View All Answers
Explain me by saying, perpetual or periodic inventory system; what do we mean?
what are the voucher entries for depreciation in tally and when?
What is the tds effect in balance sheet if tds receipts?
Plant and machinery destroyed for 50000
using examples, examine the relevance of the following as final accouting adjustments; 1.reserves 2.provisions 3.disposal of assets 4.control accounts
what is the difference b/w gain and profit?
what is difference among credit, loan, advance
what is dmat charges?
what is windows dressing final accounts?,sales a/c belongs to which a/c type?
Differentiate between provision and reserve?
What is debit and credit note?
Plz Ask from me New Accounting Questions.
What are the functions of manger -accounts and manager-finance?
entry for cash received from debtors
Who is the sundry creditors
