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Standard XI
Accountancy
Finding Closing Stock
To which acco...
Question
To which account an amount of depreciation is transferred?
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Solution
An amount of depreciation is transferred to Profit and Loss Account.
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To which account the balance in depreciation account is transferred?
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Answer in one Sentence only
To which account the amount of depreciation is transferred?
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Write the word/term/pharse which can substitute each of the following statement :
An account to which the balance in depreciation account is transferred.
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Balance of depreciation account is transferred to ____________.
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Depreciation Account is Transferred to ___________account at the end of accounting year.
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