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how do we pass the Entry for Depreciation?

Answers were Sorted based on User's Feedback



how do we pass the Entry for Depreciation? ..

Answer / naresh shetty

Depreciation A/c Dr
To Asset A/c

Transfer Entry

Profit & loss A/c Dr
To Depreciation A/c

Is This Answer Correct ?    5 Yes 0 No

how do we pass the Entry for Depreciation? ..

Answer / raghu.aps eveing v b.com

Depreciation A/c Dr
To Assets a/c Cr

Is This Answer Correct ?    3 Yes 0 No

how do we pass the Entry for Depreciation? ..

Answer / raghu.aps eveing v b.com

its very simple question
Depreciation A/c Dr
to Assets(UPS) a/c
{Being Depreciation Charged on UPS @ 80%)

Is This Answer Correct ?    1 Yes 0 No

how do we pass the Entry for Depreciation? ..

Answer / y.rama krishna

The journal entry for depreciation is
Depreciation a/c dr
To asset a/c
(Being depreciation provided on asset)
At the end of the year
Profit

Is This Answer Correct ?    1 Yes 0 No

how do we pass the Entry for Depreciation? ..

Answer / divyagirantla1995@gmail.com

Depriciation a/c
TO Name of the asstes

Is This Answer Correct ?    0 Yes 0 No

how do we pass the Entry for Depreciation? ..

Answer / gulzar

First Entery

asseset a/c Dr.
Depreciatin a/c Cr.
(Being depreciating charged on assets)

Second Entery

Depreciatin A/c Dr.
P&L A/c
(being depreciation t/f to profit and loss ac)

Is This Answer Correct ?    2 Yes 7 No

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