Why depreciation is charged in P&L Account?
Answer Posted / deepa
The permanent decreases in the value of fixed assets
because of their use in the business is called
Depreciation. The value lost on the fixed asset is a
business expense.So its charged in P&L account.
| Is This Answer Correct ? | 111 Yes | 8 No |
Post New Answer View All Answers
let me know the meaning and Nature of cash
fd redeem interest and principal entry in tally
1.how can carry forward the balance of ledgers to the next financial year in tally erp 9
Expand CASA
difference between vat 47 & vat 49
why the closing stock is not considered in drawing trail balance.... Are there any other items like the above
EXPAND______________ICT
what is Journal Entries?
How to enter PO in SAP
hai everybody... wish u all the best for those who got selected in sbi associate bank is anyone from coimbatore region attending on 27th may 2009.
How good are you at Finance?
what is difference between venture capital financing and equity financing?
What is the mening of uidnvhe.?
explain sales/purchase accounting?
Plz Give the Inventry Accounting Procedure 1.Domestic Purchases ( VAT,CST,& Excise) 2.Import Purchases ( Direct Expences & Excise ) 3.When Will the Price Diffrence Entry Happen? 4.Cash Discount & Trade Discount On Purchases? 5.Domestic Sales ( VAT,CST,& Excise) 6.Export Sales ( Customes ,Excise ) 7.Cash Discount & Trade Discount On Sales?