Cash system

This query is : Resolved

Asawari Malhotra (Querist)
Follow

03 July 2013 how is depreciation on fixed assets recorded in cash system of accounting.. pls tell the journal enrty..

CA Devanshi Gandhi (Ajani) (Expert)
Follow

03 July 2013 depreciation is taken same as it is taken in accrual system

CA Devanshi Gandhi (Ajani) (Expert)
Follow

03 July 2013 journal entry will be
depreciation a/c dr to fixed asset a/c cr

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Unanswered Queries

view all classess