Interested to Buy Any Domain ? << Click Here >> for more details...
what is motive behind create depriciation reserve? how to
pass journal entry in case of depriciation reseve?and how
it shows in the books of co.
- 3 Answers
- 13424 Views
- I also Faced
- E-Mail Answers
Answer Posted / sanjiv
Motive is to create reserve for replacememt in the event of
loss.
Depreciation Dr to Depreciation Reserve
Depreciation charged to P & L. Reserve is shown as
liability.
| Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
My question is that can i taken input credit of service tax of telephone bill & courier bill & labour contractore bills in exemption Area.
how to pass this entry in tally? Dear Sir, I have just started learning tally . I am practicing tally. and I am following 11th Std book for practicing. Please help me with the following entry. I know dr and cr part but having problem in grouping. Please Help. Introduced goods of Rs 10,000, cash Rs 15,000, furniture Rs 5000, debtors of Rs 1000 and commenced business. What will be the entry and group for each ledger. Please Help.
Explain me what is assets minus liabilities?
how many view the tally backup erp9 after the tally backup in tally
What are the 4 phases accounting?
Hi wht r da questions which are mostly asked in an Accounts related job for freshers?
Why we debit expenses and credit incomes ?
What can be done incase of excess payment of TDS Remittence than the actual amount? Is there any adjustment towards the excess amount with the upcoming TDS payment? Reference of last quarter challan should be shown while adjusting in next quarter?
PRELIMINARY EXPENSES INCURRED IN THE YEAR OCTOBER 2012 MONTH 5LAKS WHICH ACCOUNTED IN ASSET SIDE AS ''PRELIMINARY EXPENSES''... IN YEAR END MARCH 2013, IN 5LAKS HOW MUCH AMOUNT SHOULD TAKE FOR PRELIMINARY EXPENSES WRITTEN OFF..?
Is transfer Profit / loss account to capital account important in Tally ERP 9 at the end of the financial year? And what is the benefit of transferring P/L account to Capital account ? Please I want someone to answer my question, this is my second question I posted one question 2 days ago also nobody reply to that question. Thank you.
Journalise- opened a saving a/c with S.B.I. ?
Why companies are issuing their shares at premium and discount? What benefits the companies and the investors can get in both the cases?
why are accounting firms needed?
Why TDS not Deducted on Service tax amount of Rent.
what is the defination of mat n calculation of mat... with example this is applicable in company or firm, pl. discribe me.....thanx ashok
