Depreciation

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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?

23 December 2010 IN CASE OF CHANGE IN DEP METHOD EFFECT OF EXTRA DEP CAN BE CREDITED

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...

25 December 2010 Agree with above experts...


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