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What the entry for Accumulated Deprecition??
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Answer Posted / bhageshwar mishra
Accumulated Depriciation is not enteed in financial books.
It is requirement of AS-6.
Depreciation for the year is charged in financial books and
accounting entry is
Depreciation A/c Dr.
Fixed Assettes A/C Cr.
| Is This Answer Correct ? | 12 Yes | 9 No |
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