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-   -   What do I debit/credit in journal entry for accumulated depreciation (https://www.askmehelpdesk.com/showthread.php?t=516691)

  • Oct 14, 2010, 12:02 PM
    Aligh
    What do I debit/credit in journal entry for accumulated depreciation
  • Oct 14, 2010, 12:14 PM
    pready

    To record depreciation the journal entry is:
    Debit depreciation expense for the amount of depreciation
    Credit Accumulated Depreciation for the amount.
  • Oct 14, 2010, 12:32 PM
    Aligh
    Comment on pready's post
    Thanks for your help

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