Depreciation
This query is : Open
30 September 2017
Dear experts / frns,
while calculating depreciation for assets, if any of them damaged/ deteriorated/ lost / no use any more, how to show it in accounts? & how to put the entry for this?
Ashiwini Ballodia
(Expert)
30 September 2017
Write off the asset if not required
Ashiwini Ballodia
(Expert)
30 September 2017
Depreciation a/c DR
to Asset
depreciation will be under indirect expense
Ashiwini Ballodia
(Expert)
30 September 2017
Alternative you may pass the entry
Depreciation a/c DR
to provision for depreciation
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