Depreciation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 April 2017
what is depreciation, accumulated depreciation and provision for depreciation??
what is the difference between these three??
Please advise
what is the difference between these three??
Please advise
04 April 2017
A similar question was asked earlier on this portal, Please check the below link -
https://www.caclubindia.com/forum/accumulated-depreciation-depreciation-prov-for-depreciation-9709.asp
Please let me know if you have further queries.
https://www.caclubindia.com/forum/accumulated-depreciation-depreciation-prov-for-depreciation-9709.asp
Please let me know if you have further queries.
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 April 2017
As you said Some companies want to show fixed asset at Original cost so they will credit accumulated depreciation instead of fixed asset, there is any reason behind this if it is please suggest.
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