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Whow to prepare provisions for depreciation |
| Answer» Earlier when you charged dep on any machine you write it on (by)side of the machinery accounts....but if you have to make provision for depreciation you have to make a new account by the name of provision for depreciation...the same method you do to find dep ...you have to apply the same...just the thing u have to do is instead of writing the dep on machinery account by side ..u have to write in by side of provision for dep.....✌ | |