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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



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