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-   -   Depreciation of fixed asset (https://www.askmehelpdesk.com/showthread.php?t=42346)

  • Nov 12, 2006, 10:07 AM
    arleal
    Depreciation of fixed asset
    Which account is creditted when recording depreciation of a fixed asset?
  • Nov 12, 2006, 05:27 PM
    CaptainForest
    Debit Depreciation Expense
    Credit Accumulated Depreciation

    Or….. you can use the word Amortization instead of Depreciation.

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