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When depreciation amount is given inside the trial balance than how it is treated in final statement ?
Most Upvoted Answer
When depreciation amount is given inside the trial balance than how it...
U have to show the depreciation value given to you only in the profit and loss account
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When depreciation amount is given inside the trial balance than how it...
Depreciation would be recorded in Dr. side of profit and loss account and deducted from the amount of asset on asset side of balance sheet.
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When depreciation amount is given inside the trial balance than how it is treated in final statement ?
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When depreciation amount is given inside the trial balance than how it is treated in final statement ? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about When depreciation amount is given inside the trial balance than how it is treated in final statement ? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for When depreciation amount is given inside the trial balance than how it is treated in final statement ?.
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