Depreciation
This query is : Resolved
Guest
Guest
(Querist)
23 December 2010
1) Can depreciation come to the CREDIT of Profit & Loss A/c? (Is there any Depreciation received concept?)
2) If yes, under what circumstances?
2) If yes, under what circumstances?
23 December 2010
IN CASE OF CHANGE IN DEP METHOD EFFECT OF EXTRA DEP CAN BE CREDITED
Message likes :
1 times
24 December 2010
together with what gaurav said there can be any other alternate to cr the depreciation in P&L... as losses are always dr into P&L which is the genral rul eof accountibng...
Nikhil Kothari
(Expert)
25 December 2010
Agree with above experts...
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