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journal entry for depreciation

Answers were Sorted based on User's Feedback



journal entry for depreciation..

Answer / lucky

depreciation a/c Dr
to asset a/c

Is This Answer Correct ?    9 Yes 0 No

journal entry for depreciation..

Answer / manish

defreciation a/c dr.
to assets

Is This Answer Correct ?    5 Yes 0 No

journal entry for depreciation..

Answer / mayank

Depriciation a/c .....dr
to machinery/computer etc

(being depriciation raised)

Is This Answer Correct ?    2 Yes 0 No

journal entry for depreciation..

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.

Is This Answer Correct ?    2 Yes 0 No

journal entry for depreciation..

Answer / saphira

Depriciation a/c Dr
to fixed assets

Is This Answer Correct ?    0 Yes 3 No

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