Interested to Buy Any Domain ? << Click Here >> for more details...
1, How enter Accumulated Deprication Journal Entry, (Land&
Building Value 500000 AED, How to pass entry?
- 4 Answers
- 7570 Views
- I also Faced
- E-Mail Answers
Answer Posted / sameer
Depreciation a/c dr
to accumlated depreciation
dericiation will go to p&l. accumlated depriciations is a contra asset it will be shown on the balance sheet under fixed asset " less accumlated depreciation"
the reason for accumalted depriciation is to show in the balance sheet the book value of our asset and how much depriciation we have provided on this assest
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
List of Indian accounting standards and international financial reporting standards
What are the 4 types of ppe?
how to caluclate tds from emloyees and others
we had company we provide work others they deducted tds how to pass entries in my company please tell me
What is use of statistics in accounting?
Do you know what is liabilities and what all does include in current liabilities?
if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?
can we credit depreciation of the year to the general reserves in a balance sheet of that year? and also enlist some relevant documents or standards?
Scope and nature of Accounting
What GP resew of balance sheet taking.
Explain a time when you have not met your goal?
Tell me why do you apply for a job of an account executive?
If a transaction was missed completly how do you find it?
Assigning natural account to accounting seg. What will happen
Who created snapit accounting?
