depreciation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 December 2010
Dear Sir/Madam
What is the journalentry for Depreciation when provision for depreciation exists?
(a) Dr. depreciation a/c & Cr.Asset a/c
(b) Dr. P&L a/c & cr. depreciation a/c
(c) Dr. Depreciation a/c & Cr. provision for depreciation a/c
(d) Dr. P&L a/c & Cr. provision for depreciation a/c
please tell which is the answer?
What is the journalentry for Depreciation when provision for depreciation exists?
(a) Dr. depreciation a/c & Cr.Asset a/c
(b) Dr. P&L a/c & cr. depreciation a/c
(c) Dr. Depreciation a/c & Cr. provision for depreciation a/c
(d) Dr. P&L a/c & Cr. provision for depreciation a/c
please tell which is the answer?
18 December 2010
answar is C.
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