Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

  1. Categories >> Accounting >> Accounting General
  2. Suggest New Category

Whether Depreciation to be posted in debit side or credit side?

Question Posted / vittobanatesan

Answers were Sorted based on User's Feedback



Whether Depreciation to be posted in debit side or credit side?..

Answer / uma

Depreciation is debitd

Is This Answer Correct ?    6 Yes 1 No

Whether Depreciation to be posted in debit side or credit side?..

Answer / h.r. sreepada bhagi

Every entry will have dual aspect. It is debited to P&L A/c
and credited to Accumulated Depreciation A/c or Depreciation
Reserve A/c.

Is This Answer Correct ?    7 Yes 3 No

Whether Depreciation to be posted in debit side or credit side?..

Answer / gurram

debit side in P% L Account

Is This Answer Correct ?    4 Yes 1 No

Post New Answer

More Accounting General Interview Questions

WHILE WORKING DEPERICATION OF AN MACHINERY ASSET WHAT IS THE PERCENTAGE TO BE TAKEN & FOR HOW MANY YEARS IT HAS TO BE TAKEN.

1 Answers  

What is a cpa?

0 Answers  

what is finance management?

2 Answers  

Depreciation comes under direct or indirect expense

1 Answers  

Credit Limit enhanced the Bank 10Cr to 15 Cr How to post the entry in accounting books

1 Answers  

Our is a banking Activity, one person is supplying printing advertisement sheet of our product, whether he is liable to deducte TDS @ 1%

0 Answers  

what is npa?

3 Answers  

in Tally what is cost cenre,cost categori and why we need to prepare them

0 Answers  

what is bond wash transaction ,when we have to use it, and what is the procedure please help me with examle

0 Answers   Wipro,

What are the major difference between US GAAP & Indian GAAP.? Where US GAAP is exactly & highly differenciated from Indian GAAP..? Your answer will be highly appreciated. Thanks in advance.

2 Answers  

What is cost accountancy?

0 Answers  

what means by goodwill?

3 Answers  

For more Accounting General Interview Questions Click Here
Categories