Q. Depreciation appearing in the Trial Balance should be (Solved)
1. Debited to P&L A/c
2. Shown as liability in Balance Sheet
3. Reduced from related asset in Balance Sheet
4. Both (a) and (c) above
- a. Debited to P&L A/c
1. Debited to P&L A/c
2. Shown as liability in Balance Sheet
3. Reduced from related asset in Balance Sheet
4. Both (a) and (c) above