Every year very huge amount of depreciation debited at any
of company's account, which is actually non cash expense,
now where actually amount goes at the year end?
- 3 Answers
- 4922 Views
- I also Faced
- E-Mail Answers
Answer Posted / mr. jatin trivedi
Profit & Loss A/c used in this case for only settlement of
the depreciation a/c.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
List the type of transactions entered in journal proper.
How to post advance paid to a supplier in oracle jd edwards
please send me banking question on my email ID as I have been selected for state bank of india .my email ID is sawant.supriya51@gmail.com
What is control in accounting?
what are the processes of account reconcillation
What is short term solvency ratio?
explain the relevance of closing stock account in trading a/c when preparing the gross profit?
Please help me with the accounts head for the below ledgers for e.g. for Salary A\c - Indirect Expenses is the account head in tally. what is the account head for below ledgers. Salary A/c Dr. xxx To EPF Payable (employees' contribution only) xx To ESI Payable (employees' contribution only) xx To PT Payable (deducted from employees only) xx To TDS Payable (if deducted from employees' only) xx To Salary Payable (net amount only) xxx Salary A/c Dr. xxx To EPF Payable (employees' contribution only) xx To ESI Payable (employees' contribution only) xx To PT Payable (deducted from employees only) xx To TDS Payable (if deducted from employees' only) xx To Salary Payable (net amount only) xxx Salary Payable A/c Dr. xxx To Cash / Bank A/c xxx
How to post salary advance transfer from one branch to another branch ?
what is general accounting
How create the invoices?
Explain me what is assets minus liabilities?
pls. tell me with detail (what is the rate of service tax and w.c.t. for a contractor who do civil work -make building and repairing. what is the format of generate a bill for (with material and labour both ) what entry should i pass in my accounts bokks. general and sales entry.
What are the features of financial accounting?
saji become insolvant -what is journal entry
