how depreciation can be post in tally?
for ex : dep on land & buildings
(in which vocher we can post it)
Answers were Sorted based on User's Feedback
Answer / deepak bendwal
YOU CAN POST YOUR DEPRECIATION ENTRY IN JOURNAL VOUCHER.
DEPRECIATION ENTRY IS UNDER
DEPRECIATION AIC DR. 500000/-
TO BUILDING AIC 200000/-
TO CAR A/C 100000/-
TO MACHINERY AIC 200000/-
(BEING DEPRECIATION CHARGE ON BUILDING,CAR & MACHINERY)
| Is This Answer Correct ? | 112 Yes | 17 No |
Answer / prasad
We can not post depreciation entry on land
We can post depreciation entry other than land
Ex Depreciation a/c Dr XXXX
To Plant & Machenary a/c XXX
To Vehicles a/c XXX
etc........
| Is This Answer Correct ? | 60 Yes | 9 No |
Answer / shobha
Depreciation on fixed assets are entered in journal voucher.
this voucher is also called adjustment voucher were there is
no inflow or outflow of cash
Eg: Depreciation on land & building
Depreciation a/c dr
to Land & build a/c
ledgers under group voucher
depreciation a/c indirect expenses journal-voucher
Land&build a/c fixed assets
| Is This Answer Correct ? | 55 Yes | 5 No |
Answer / kuldeep singh
YOU CAN POST YOUR DEPRECIATION ENTRY AS FOLLOW:
DEPRECIATION A/C DR. XXXXX
TO ASSETS A/C XXXXX
| Is This Answer Correct ? | 40 Yes | 6 No |
Answer / g.r.reddy
Depreciation A/c Dr XXXXXX
Respect Asset Value XXXXXX
| Is This Answer Correct ? | 13 Yes | 2 No |
Answer / chandraprakash sharma
Depreciation A/C Dr. XXXXX
To Assets A/C XXXXX
(dep. charged)
| Is This Answer Correct ? | 10 Yes | 5 No |
Answer / satyam sharma
Depreciation A/C Dr 1000
To Asset A/c 1000
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / jihas
1. Asset a/c Dr
To Cash/ Bank.
2. Depreciation A/c Dr
To Asset a/c
3. P&l A/c
To Depreciation A/c
| Is This Answer Correct ? | 5 Yes | 9 No |
Answer / dinoy
depreciation ac dr
to cash d
to cash
to machinery
to asset
| Is This Answer Correct ? | 9 Yes | 16 No |
Trading account reveals---------Profit and loss account reveals ---------
Hi, Please post in here the Aptitude Test Questions given in companies like Thomson, Reuters, GMS, JP Morgan, Northern Trust Bank etc.
What is a rolling settlement?
if anybody tell me difference between DD, PO & Cheques
what is MERCANTILE Accounting system? how many accounting systems are followed in India
you purchase a machinary on a loan what is the joury entry for that and where will you show the the loan amount in balance sheet and show the ledger account?
ER-1, ER-2,ER-3,ER-4,ER-5,ER-6,ER-7 plz tell me use of these excise form
0 Answers Delight Auto Industries,
what is Reverse Repo Rate?
4 Answers ICICI, Nabard, SEBI, State Bank Of India SBI,
Accounting Standards in India are issued by whom
Expand NSDAQ ?
WHAT IS DIFFERED INCOME TAX AND WHERE IT SHOWS IN BALANCE SHEET?
write about an e-mail to manager seeking permission for leave