What accouting is credited when recording a building depreciation?
![]() |
What accouting is credited when recording a building depreciation?
Well, when you are depreciating anything, you are not crediting, you are debiting. But why would it be a building, realestate is a credit.
You credit an account called "accumulated depreciation" and debit the account "depreciation expense".
All times are GMT -7. The time now is 05:24 AM. |