-schumacher-
Nov 28, 2007, 01:04 PM
Hi I was asked to do a trial balance and i dont know whether i should put depreciation and accumulated depreciation in it? and also does accumulated depreciation include this years charge?
-schumacher- Nov 28, 2007, 01:04 PM Hi I was asked to do a trial balance and i dont know whether i should put depreciation and accumulated depreciation in it? and also does accumulated depreciation include this years charge? student 101 Nov 28, 2007, 01:11 PM yes expense depresiation in debits and accumulated depresion as a credit student 101 Nov 28, 2007, 01:13 PM every time you post something in depresiation expence you have to crdit accumulated dpresion and never credit the asset your depresion is for -schumacher- Nov 28, 2007, 01:18 PM ok thanks for your help.. will it balance then if your depreciation expense is different than your accumulated depreciation? does the accumulated depr include the deprecation expense for the year? Copyright ©2005-, Ask Me Help Desk
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