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is depreciation a expense for company?why it is charged to
p/l a/c?

Answer Posted / narasimha rao

DEPRECIATION IS THE IN DETECT EXPENSES ACCORDING THE
NOMINAL ACCOUNT ALL EXPENSES AND LOSS ARE DEBITED AND ALL
INCOMES AND GAING ARE CREDITED SO DEPRECIATION IS DEBITED
IN THE PROFIT AND LOSS ACCOUNTANT

Is This Answer Correct ?    16 Yes 2 No



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