what is entry for depreciation?
Answer Posted / shylaja
depreciation a/c dr
to concerned asset
when ever depreciation is charged on an asset, the value of
that asset goes down.in order to reduce the balance of the
asset account should be credited.
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i did mba finance in 2010,but i came from life sciences to mba,i know in interview they ask y u came from sciences,so what i tell?pls reply me.
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