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View Full Version : Building deprecitation


lara12
Dec 8, 2007, 05:22 PM
What accouting is credited when recording a building depreciation?

tickle
Dec 8, 2007, 06:11 PM
Well, when you are depreciating anything, you are not crediting, you are debiting. But why would it be a building, realestate is a credit.

Gator1087
Dec 8, 2007, 11:55 PM
You credit an account called "accumulated depreciation" and debit the account "depreciation expense".