Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / suresh raichur
We have two pass two journal entries for depreciation.
One at the time of creation of depreciation:
Depreciation account Dr
To Particular Asset account Cr
at the end of the year for transferring depreciation to
Profit & Loss account:
Profit & Loss Account Dr
To Depreciation Account Cr
| Is This Answer Correct ? | 14 Yes | 1 No |
Post New Answer View All Answers
WHAT IS THE PORTFOLIO MANAGMENT SCHEMES ? ITS WHICH TYPES INCOME ?
Explain purchase day book.
In accounting, how do you define the premises?
Define depreciation and its types?
How is an accounting department structured?
as per partnership deed, salary to working partner is rs 8000/ per month (96000 annually), suppose if i have book profit of rs 50000/ only,then what is the procedure to give salary
is there is mentioned that we can adjust excess debtors with creditor in the stock statement while calculating Drawing Power
What is a cpa?
Describe the advantages and disadvantages of the different accounting packages/systems you have used recently in your accountant jobs
Do you know what is double-entry accounting? Explain with an example?
"Trial Balance is not a comclusive proof of the accuracy of the books of accounts." Explain this statement and describe the errors which are not disclosed inspite of the agreement of trial balance.
What is depreciation and how many types are there. Please give details?
sir i want know how to fill vat return
What does a demo/presentation need to be effective?
What is the master account?
