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What the entry for Accumulated Deprecition??
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Answer / chandu.minumula
Depreciation A/c Dr...
To Accumulated Deprecition A/c
| Is This Answer Correct ? | 43 Yes | 3 No |
Answer / chandrakant
Accumulated Deperecition is decrease in th value of an
Asseset in Balance Sheet of over time.
Deperication A/c Dr.
To Accumulated Deprecition A/c
| Is This Answer Correct ? | 12 Yes | 1 No |
Accumulated Depriciation is not enteed in financial books.
It is requirement of AS-6.
Depreciation for the year is charged in financial books and
accounting entry is
Depreciation A/c Dr.
Fixed Assettes A/C Cr.
| Is This Answer Correct ? | 12 Yes | 9 No |
Answer / sravan
Accumulated depreciation should be charged to Assest a/c.
Acc.Dep A/c Dr
To Assest a/c
| Is This Answer Correct ? | 8 Yes | 6 No |
Answer / shiv koul
provision for depreciation or accumulated depreciation a/c Dr
To asset a/c
| Is This Answer Correct ? | 0 Yes | 4 No |
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