journal entry for depreciation
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Answer / mayank
Depriciation a/c .....dr
to machinery/computer etc
(being depriciation raised)
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Answer / rahul
Depriciation a/c Dr.
To Assets a/c
it has two fold impact
1. In Balanc sheet : Asset-depriciation
2. charge to p&l a/c as exp.
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Expand---------BRT
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