Depreciation Pr...

In the provision method of depreciation the asset always appears at:

The amount of depreciation charged on a machinery will be debited to:

When a part of the asset is sold and provision for depreciation account exists, which new account is formed?

Give journal entries:
Depreciation debited to profit and loss account

What is debited in asset disposal account?

Depreciation acts as an __________.

Reserve arising from capital receipts are known as_____.

Other name of straight line basis of depreciation is ___________________.

Depreciation helps to show assets at their __________.

What is credited in asset disposal account?