What is provision for depreciation? What is it entry in P&L
& Balance sheet? How it is different from Depreciation
expense?
Answer Posted / aditya jain
1. depreciation a/c dr
to fixed assets
2. provision for depreciation a/c Dr
to depreciation
3. p&l a/c Dr
to provision for depreciation
| Is This Answer Correct ? | 52 Yes | 22 No |
Post New Answer View All Answers
What is revaluation of assets.when it occurs
Why in partnership fundamental question will add Partnership salary for the year and per month salry add in the cr. Side of the p/l app a/c
Expand------------STRA
Iam selected for final round of interview in IDBI bank for asst. manager post. Can any one help me in knowing what kind of questions will be asked in the interview and how should i prepair?
Is advance paid wages has credit balance?
how i got knowledge about custom and excise i want rate list of custome and excise how we summit return of custom and excise , Is it include with ser. tax
what are the financial ratios that a manager see in accounting?
What are the question asked for accounts associate
Short answer on____________Assessment Year
EXPAND______________ICC
Depreciation method to using Indian company names
Please tell me about service tax, tds, vat & ITR return with A to Z completely detail.
Questions asked for the post of Manager (Finance) in a Public Sector company Subject of group discussions for the post of Manager (Finance) in a Public Sector company
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
Difference Between Revenue & Capital Expenditure (Give an Example of each )