Accumulated Depreciation

This query is : Resolved 

28 January 2011 In tally what is the head of account for Accumulated Depreciation. it is Current liability?

28 January 2011 It can not be said as a current liability.
You may open this a/c under the head Fixed Assets itself so as to see the correct WDV of the Fixed Assets.

29 January 2011 Agreed with the expert

29 January 2011 Thank you very much sir

30 January 2011 Bafna 2 Shiras = satisfaction


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