Answer / seetharaman

Acc dep will be deducted from gross block of FA in B/S, and
it will not come anywhere in p&l

Answer / anshita dutta

When accumulating depreciation...
P&l a/c ....dr
To acc dep a/c

When using for purchase /sales of asset
Acc dep a/c ....dr
To asset a/c

Answer / amar

Deprecation show in expenses side in P&L and deduct value in assets,this journal entry :
deprecation a/c dr.
to Assets

I am confused with Capital Account and Drawings Account. Please show me "the general Journal Entries" and "Owner's Equity in Balance Sheet". (1) The owner increased his investment in the company by $10,000. (2) The owner increased his investment in the company by $10,000.

2 Answers  

---

What is WCT ? Who will Resposible for deposit WCT Means TDS Deductor or Material supplier. Is TDs applicable on WCT. Who will responsible for deposit WCT. I Am New For this Field. Thanks in advance...

1 Answers  

---

contents of an invoice receipt? difference b/w statutory audit & internal audit? Where the bank book and the cash book will not reconcile? difference b/w income & expenditure a/c & p/l a/c? what is ERP? what is full form & the application of SAP? Why income statement prepared? What are the reasons where Balance sheet will not tally? How do you calculated Closing stock in the trading a/c? When will the cash book have a Credit balance? Why do you prepare p/l appropriation a/c? What are the 4 difference b/w public and private company? What do you mean by Contingent liability? Explain: Accrual Concept 1. Realisation concept? 2. Accounting concept?

0 Answers   Ankur Drugs Pharma, Infosys, RR Donnelley,

---

I want to know accounting information in oracle apps projects costing module. i.e Which account is cr and which account db. Please help me.

0 Answers  

---

what is badts and its entries?

4 Answers   Genpact, Ramky,

---

What is accounting

1 Answers   Genpact,

---

wt do you understand by ledger

1 Answers  

---

What is the Journal Entry of Closing Stock (Raw Material) of a manufacturing Company

3 Answers  

---

Discount payble and reciveble entries what type of vochars entry pleas tell...............

1 Answers  

---

adams a debtor for R600 had been declared insolvent and part of his debts has to be written off. The attorneys informed you that an amount of 25c in the rand will be paid and the rest must be written off

0 Answers  

---

HOW TO CALCULATE VAT, INCOME TAX , ESI , PRO.TAX. P.F,

2 Answers  

---

In the balance sheet, where do you show tds?

0 Answers  

---