In a question if depreciation charges are to considered as cost of sales then what would be the journal entry and what all accounts will have effect?
Also in the case where allowance for receivables is considered as administrative expense?
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Depreciation charges as administrative expense
Depreciation charges as cost of sales*
6y ago#2I explain all of the necessary double entries for both depreciation and for irrecoverable and doubtful debts in my free lectures.
The lectures are a complete free course for Paper FA and cover everything needed to be able to pass the exam well. You cannot expect me to type out all my lectures here :-)
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