Where accumulated Depreciation appears - b/s or p&l. please
provide journal entry while accumulating and also while
using the fund for purchase of new assets.
Answer Posted / amar
Deprecation show in expenses side in P&L and deduct value in assets,this journal entry :
deprecation a/c dr.
to Assets
| Is This Answer Correct ? | 1 Yes | 2 No |
Post New Answer View All Answers
I got a transaction of Online Recruitment Charges, So What is the Ledger to Create?
We have purchased some good from our vendor and we asked them to transport the same to some address but they have raised a debit note to us for transportation instead of invoice. Same like we have given some order to manufacture for developing that product they have charged some amount for that also they have raised the debit note. How to account these type of debit notes in tally..?
What elements of your job do you find most difficult?
What are the differences between accounting and auditing?
Tell me an example of a tough decision that you had to make?
What is the revenue recognition principle?
what is share application money pending allotment?
HI, i was given only 1st round and i made it through the first round, then was sent for the final HR round.In the HR round the HR manager dint ask me a single question of the related job,all he asked was as following:- i)what are your salary Expectations ii)are you ok to do night shifts.then he thanked me and said he will let me know by 2 days,when i asked him for any feedbacks and suggestions he said that he will let me know only after 2 days.SO please help me what shall i expect from this one of a kind interview. Many thanks in advance.
hi, this is shanthi kumar(M.Com). i would like to attend interview in genpact company.please send finance interview questions and interview details. thank u very much
How Advances to suppliers for purchase of raw materials is to be considered while calculating Drawing Power
HOW TO FILL PURCHASE RETURNS IN VAT 200,IF NOT PURCHASES THE PERIOD?
journal entry for prepaid insurance and salary outstanding
How to pass workscontract sale invoice which includes WCT & VAT.
What information do you require before you approve an invoice for payment?
Define fair value accounting?