Depreciation of fixed asset

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» Depreciation of fixed asset

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Nov 12, 2006, 08:07 AM

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arleal is offline

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Depreciation of fixed asset

Which account is creditted when recording depreciation of a fixed asset?

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Nov 12, 2006, 03:27 PM	#2

CaptainForest Finance & Accounting Expert Join Date: Nov 2005 Location: Canada Posts: 3,658	Debit Depreciation Expense Credit Accumulated Depreciation Or…..you can use the word Amortization instead of Depreciation.

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