What is provision for depreciation? What is it entry in P&L
& Balance sheet? How it is different from Depreciation
expense?
Answer Posted / aditya jain
1. depreciation a/c dr
to fixed assets
2. provision for depreciation a/c Dr
to depreciation
3. p&l a/c Dr
to provision for depreciation
| Is This Answer Correct ? | 52 Yes | 22 No |
Post New Answer View All Answers
We have a registered dealer under APVAT Act. Our company is manufacturing & marketing of seeds. seeds exempted under vat. recently we have purchased machinery for our new plant construction, against c form. now sales tax dept.not giving the c forms, because our final product is exempted, we are not eligible for c forms. kindly clarify.
Example for extra ordinary expenditure?
CAN ANY OF U TELL ME WHAT QUESTION ACTUALLY ASK IN OPERATION ROUND IN BA CONUTNNIUM SOLUTION
I AM APPLY FOR CLERICAL CADRE IN SBI. SO ANYONE SEND ME QUESTION WITH ANSWERS, WHICH ARE RELATED TO THAT JOB. MY EMAIL ID IS shawetasingh24@gmail.com
what is mean by T and E cosept
company accounts introduction?
Expand--------CMTS
hi gurus , plz can anybody forward ur cv of accounts/finance related , exp of 4+ years to afreenjuveriya@yahoo.com
Define control account Thanks
What are the names of the codes which are needed for RTGS ? Payment and wire transfer respectively ?
what is the meaning of call in arear
Hi Iam Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Officer's post. Please help me I f u can. thanx in advance
what is the process to return sales tax file?how can i prepared s.t. file?what should be qualification for it?
Workers name-Madhu Saha.Pay structure,basic-5850,HRA-1350,CCA-900,TRAV.ALLOW.900.DEDUCTION-PF-702.ESI-150,P.TAX-90.WHAT IS THE EXTRACT IN PF,ESI,IN BALANCE SHEET & sALARY IN p/l A/C . iS IT POSSIBLE THAT PERSONS'S NAME SHOUL COME I P/L
MMT and MID payment how post in tally