Answer Posted / paluri veera bhadra rao

Depreciation is Loss so. This one is Taken on Debit side.

As Per Accounting Basics . All Losses & Expneses Debit

All Gains & Income Credit.

So coming to Entry. Depreciation is Dr
Fixed Assed Vehile. Computers Cr

EXPAND_________SEAMEC

2068

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Expand-------MTRS

2369

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Truck # 3 has a list price of 16000. It is acquired in exchange for a computer system that company A caries in its inventory. The computer system cost 12000 and is normally sold by company A for 15200. Pass the journal for the same.

2102

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What are the accounting conventions and Practices?

2255

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You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.

2376

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objective of accounting

2081

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what is cost audit?

2162

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Take me through the entire vendor cycle.

2042

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I AM APPLY FOR CLERICAL CADRE IN SBI. SO ANYONE SEND ME QUESTION WITH ANSWERS, WHICH ARE RELATED TO THAT JOB. MY EMAIL ID IS shawetasingh24@gmail.com

2124

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what are the differences between Tally and Focus?

7988

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How do you avoid loss situation

2019

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PO Amount is 100000 Jv is Purpose A/c To Party A/c First payment is 10000 TDs is 1000 What is the Payment enter in tally

2270

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please send me some previous sbi clerical interview questions to my email id....

2206

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who is the pramotar?

2033

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You configured new asset accounting with three depreciation areas that post in real time. You need to do a partial scrapping to an asset in transaction type. How many document does the transaction create ?( any 1 answer) 1 3 4 6

1565

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