is depreciation a expense for company?why it is charged to
p/l a/c?
Answer Posted / phanikumar
yes depreciation is expense for company. Why because the
depreciation is charged against assets like machinery and
buildings etc. Why it is shown in the P&l account means it
is expenses to the particular person. According to nominal
account debit all expenses and losses.
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
Explain about Fluctuating Capital
Dear All, Could any body send me the format of Delivery Challan? What is Even Transfer and Branch Transfer?Please let me know if any body knows? ekathirvel@gmail.com
sort out the difference between service provider & service reciepient from the service tax.
Why it is necessary to use SAP in an industry? & What is the difference from other advance accounts software like Tally ERP 9? What is the importance of using GAAP for best management decission or why GAAP using by Top Management?
how enter service bill in the tally and what is the process of service bill. aganst service charge @ 10.3%, sercharge 2% cess 1%
impairment & Amortisation Means
bill to addres? ship to addres? rimit to address?
what is cost centre , job costing & Budget control. what is the effect of these.Explain its briefly.
What is the difference between Deffered Tax Assets & Deffered Tax Liabilities
What do u mean by pass through expenses? give examples, how it will be accounted & billed?
How i pass the share holders capital entry in Tally? How to set this option in Tally?
can any body help me with a copy of (any month/year) bank reconsilation statement,udai_skumar@yahoo.com
What do you mean by Revenue? does it include the Service Tax,VAT etc., by any chance ?
Is WCT paid to be considered as overhead during costing in construction firm?
What was key roles of Cashflow statement and Fund flow statement and Balnsheet..?