Answer / aditya jain

1. depreciation a/c dr
to fixed assets

2. provision for depreciation a/c Dr
to depreciation

3. p&l a/c Dr
to provision for depreciation

Answer / anil sheoran

Depreciation A/c
To Provision for Depreciation A/c

Answer / sai

Depreciation a/c Dr
To provision for dep a/c

Answer / kalya dutta

P/L a/c Dr
To provision for depreciation a/c

Answer / manoj kumar

provision for depreciation is under below mention :-

Provision for Deprication a/c Dr.
To Depricaition A/c


it is different from deprication expenses because assets
value decress

Difference between post date and value date?

3 Answers   CitiGroup,

Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?

0 Answers  

what in contingent liabilities

6 Answers   Genpact, KS,

What is a General Ledger Balance? How can it be arrieved at?

2 Answers   RBI,

what is the entry for accounts receivables and accounts payables? what is the entry for bills receivables and bills payables?

7 Answers   Genpact, The Hindu,

Why do you want to work with us

0 Answers   GSK GlaxoSmithKline,

WHAT YOU MEAN DEBTOR AND CREDITOR?

4 Answers   Genpact,

discounted our own note 60-18% for 4,500 note. the proceeds will be directly credited to bank account. what is the entry of this?

0 Answers  

Calculate the total Depreciation for four or five Years so practice some problems on depreciation?

0 Answers   EDS,

Expand---------SRRT

2 Answers  

What are the Journal Entries posted in the books of a Mutual Fund of a Legal Entity in USA in regular accounting?

0 Answers  

how depreciation can be post in tally? for ex : dep on land & buildings (in which vocher we can post it)

9 Answers