About depreciation treatment
This query is : Resolved
17 May 2014
If Depreciation is Given in trial Balance (Two Places)
First- showing deducted from assets one by One. (Credit Side)total amount -2791118.3/-
second- a depreciation amount give (Debit Side) total 2716451.68/-
both are differ balance (difference is 74666.62)
How treat when prepare final account;
and in same trial : Exchange Gain credit amount:2638591.5 and Debit amount as Exchange Loss/Gain: 2716451.68/-
please tell me, how treat when prepare final accounts
First- showing deducted from assets one by One. (Credit Side)total amount -2791118.3/-
second- a depreciation amount give (Debit Side) total 2716451.68/-
both are differ balance (difference is 74666.62)
How treat when prepare final account;
and in same trial : Exchange Gain credit amount:2638591.5 and Debit amount as Exchange Loss/Gain: 2716451.68/-
please tell me, how treat when prepare final accounts
Vishnu Saboo
(Expert)
19 May 2014
reconcile account, there may some entry posted in wrong head
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst credit note by supplier
- Reward for festival
- 18% Rent a cab
- Missed uploading GST Invoice
- Movement of goods by packers and movers - type of sale - Reg.
- Closer of business and itc of capital goods
- Appointment of Auditor By Form ADT-1
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- TDS Return Statement Status
- Gratuity paid to legal heir above 20 lakh is taxable or not
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
