what is entry for depreciation?
Answer Posted / abir
let, we should find depreciation on machine
Machine Dr.
Cash/Bank Cr.
(To buy a machine)
Depreciation Expense Dr.
Accumulated Depreciation Cr.
(To count depreciation)
Depreciation Expense Dr.
Profit & Loss Account Cr.
(To show depreciation on P/L account)
| Is This Answer Correct ? | 4 Yes | 9 No |
Post New Answer View All Answers
How can a Society be converted to a Private Limited Company in the Real Estate Industry and at the same time have the least tax liability upon it's profits earned during the financial year closing
how can i make configration relation with inflation in sap
diffrence between the profit center and business area
fill in the Blanks Share Holders in Company have _____________Liability
why gross profit transfering to profit & loss account
why are you selecting for the controlling area same company code?
differnce between the 4.7 & 6.0 versions?
If in a PO, the freight condition is mentioned as Air freight and the material is actually received by Road, how does the system check before making the necessary accounting entries?
WHAT IS CORPORATE ACTION?
What is the important of cash in a business unit
Hello Everbody....this saturday i attended the interview of times job fair...were capgemini has called me for technical round ..I am bcom graduate with tally an SAP FICO....Can any body help me ... I wan to know what is this technical round...An what they may ask me ......if any body have question an answer kindly send to my id ..that is damudi123@yahoo.com....or contact me to my number ..+919900410314.Or any body have friends working in capgemini bangalore?Please i need urgent help...thnak you with regards adnan hasan
proprietor pays the hotel expenses of foreign client by his icici bank credit card. and then he pays the credit card bill by canara bank current account. how to pass entries in tally for this secnario
what is meant by transposition error
please give the sbi bank clerk exam paper model in last five years?
what is automatic payment in sap fico