Answer Posted / sra1jay
Depreciation is the decrease in the value of fixed asset due
to wear and tear, also known as providing this depreciation on Tangible fixed asset.
Depreciation a/c Dr
To concerned fixed asset
P/L A/C Dr
To Depreciation
Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
Wat entry ill come after paying the Cen -Excise Tax Vat Tax and Service Tax in the same time
Mention your extra-curricular interests. Which do you actively pursue? How do you see these developing in the future?
What is accounting & why it is used?
sir, I wanted to know what is the difference between cash and cheque payment in terms of tax.
Do you use social media to identify prospects?
could i know how to accounting lease intrest ?
The claim recoverable has been settled with the insurance company for 2000.what is the actual stock lost value? Please give me in calculation.
Journalize the Following: 1. The following were purchased on account: a. Materials $ 10,000 b. Office supplies $ 2,000 c. Small tools $ 1,000
How can you do credit control?
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
What was your average accounts receivable days outstanding/days sales outstanding?
What is the use of accounting?
What is finance lease? What are bonus Shares? entry for it. What is Depreciation? What is the Journal Entry? What is DPS? What is minority Interest? where it is shown?
What can go wrong if you have a balance sheet with a lot of debt? What can go wrong if there is negative owner's equity? What does a good cash flow statement look like and why?
how to finalised the Balance sheet & profit & loss A/C