Its urgent!!!!In accumulated depreciation a/c why do we write the word "statement of p/l" for depreciation charged on machinery as the entry is passed
Depreciation a/c dr.
To prov for depreciation
So the word should be "depreciation a/c"

Dear Student


You are absolutely correct, Ideally, Depreciation is always written. However if somewhere it is written Statement of Profit and Loss A/c in Accumulated Depreciation A/c them you may ignore that and write Depreciation A/c. 
And in Cash flow statement also Depreciation account is written.


Regards