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

Post New Answer

More Accounting AllOther Interview Questions

what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching

0 Answers  


What is LC (Letter of Credit)..?

1 Answers   Bajaj Electricals,


what is golden rules of accounts

6 Answers   Reliance,


Guest expenses Rs 5500/-on behalf of partner Aravind was written as Hospitality. Rectify it

0 Answers  


PLEASE SEND ME WHAT IS ENTRY OF CHEQUE DISHOUNER

7 Answers   Genpact,






PAN stands for Permanent Account No A 11 digit PAN have some significance. i.e If a Pan starts from A then A stands for something. Can anybody tell me what the charaters in the PAN whether number or alphabet signify?

6 Answers   ABC,


what is open item managed account?

1 Answers   IBM,


Name any 3 heads shown under assets side of balance sheet.

7 Answers  


Kindly solve the following problem. Financial accounting. 1. Bheema does not maintain his book in the double entry system . His books showed following facts. Receipts for the year ended 31.12.2007 from sundry Debtors 17625.00 Cash sales 4125.00 paid by bheema (proprietor) 2500.00 total 24250.00 payments made for the year ended 31.02.2007 new machinery purchased 625.00 drawings 1500.00 wages 6725.00 salaries 1125.00 interestpaid 75.00 telephone 125.00 Rent 1200.00 lighting 475.00 sundry expenses 2125.00 sundry creditors 7625.00 total 21600.00 Assets and Liabilities As on 31.12.2006 As at 31.12.2007 sundry creditors 2525.00 2400.00 sundry Debtors 3750.00 6125.00 Bank 625.00 ? stock 6250.00 3125.00 plant 7500.00 7315.00 from the Above data , prepare TRADING A/C, PROFFIT & LOSS A/C for the year ended 31st december 2007 and the BALANCE SHEET as on on that date. Kindly solve the problem

3 Answers  


Dear Sir, i am working automobiles manufacturing company. pls tell me following under head in tally 9.00:- Type of A/c= ledger under creat Sales = Sales Account Purchases= Purchase Account Excise Duty on Sales=???? Education & she=??? Cenvat on Purchase=??? HVat=???? CST=??? Excise P.L.A.=????? TDS=????? WCT=???

1 Answers  


Why to use tally only. What are the advantages of using tally

2 Answers   Telco,


What are liabilities

3 Answers  


Categories