What is the entry for deprecation?
Answers were Sorted based on User's Feedback
Answer / nirakar
Depreciation is the charge of specific period (that is
period of accounting period) with respected to fixed assets
that have been capitalized on the b/s. It's an exclude of
fixed assets on the act of an accounting management.
Is This Answer Correct ? | 3 Yes | 0 No |
Answer / md abdul bari
Depreciation A/C Dr. xxxx
To Asset A/C xxxx
then Depreciation is transferred to P&L A/C.
Profit & Loss A/C Dr. xxxx
To Depreciation A/C xxxx
Is This Answer Correct ? | 3 Yes | 0 No |
Answer / srihari.p
Depreciation A/C Dr
To particular Asset A/C
(Being depreciation made on particular asset)
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sandeep arora
depreciation on fixed asset( except land)a/c .....Dr
To fixed asset ( except land)a/c .....
and such dep. will be debited to profit & loss A/C
Is This Answer Correct ? | 2 Yes | 0 No |
DEPRECIATION A/C DR
To ASSETS A/C other than Land
and later transfer it to P&L A/C DR SIDE
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / vidhya
Entry for charging the Depreciation in the Profit & Loss
account
Depreciation a/c. Dr.
To Cumulative Depreciation a/c.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / dipak
Depriciation a/c------DR.
TO ASSET A/C
P/L A/C---------------DR.
TO Depriciation a/c
Is This Answer Correct ? | 0 Yes | 0 No |
WHAT IS THE MEAN BY DEALER MANAGEMENT IN THE AUTO MOBILE COMPANY?
0 Answers Capital IQ, Mercedes Benz,
What are Foreign Banks?
Give an example when your boss is not agreed with u. what did u do?
0 Answers HPCL, Hughes Systique Corporation,
When was National Green Tribunal (NGT) constituted?
How can i start buying a share. How can i find dealers. Can any one give me just an idea about this. When to buy ? How to buy? where to Buy ? How can i sell it ? How i came to know it is right time to sell . so that i can gain money ? Advance thanks
I am studing in MEB(MBA+IT), In our course there is no specialation and I want to go in finance, in june-july i am going to do intersip program so what would i do to make arrengement for my summer training
hello,I'm pursuing B.com 2nd yr...i want to do 'MBA' but little bit confused as what to choose from 'finance' or 'marketing'?? and also that is anyone can do "cs" who has commerce background?? please reply me soon.......
Under Funds Managment, where a Company can park its idle funds temporarily (like call money market, treasury bills etc.,)to maximise the returns. I need answers elaborating various channels the Conmpany can invest wisely. Any Financial Controller can narrate his experience in managing the funds, which will be very practical for us.
Comment on current bank policies.
What is Dividend Yield Ratio?
6 Answers National Bank of Oman, UBS,
What is pgdb program?
How many types of organizations we can establish in India?