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-   -   2013 Section 179 Expense (https://www.askmehelpdesk.com/showthread.php?t=782142)

  • Jan 22, 2014, 07:31 AM
    LeahWells
    2013 Section 179 Expense
    In 2013, we bought 2 new trucks which we are going to 179 expense right away.
    The general ledger entries I made are as follows:

    DR Asset
    CR Bank

    DR Depreciation
    CR Accumulated Depreciation

    This is correct, right?

    Thanks,
    Leah

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