what is depreciation ? and its entries ?
Answer Posted / guest
DEprection means permanent and gradual fall of asset value
due to vare and tare, useage etc.
deprection a/c dr
to fixed asset a/c
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If company invest Rs. 3,00,000 in Chit & Fund and later received with Profit Rs. 3,50,0000 = (Rs. 3,00,000 + 50,000 profit amount). Pls advise how to pass the profit amount...and in which head the profit amount goes
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I got below mail stating to pay 8000 rupees to Wipro but when I went to wipro in sajapur, it was fake mail. If u receives this kind of mail, please don’t respond. Please inform to ur friends regarding this.
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