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    Aligh's Avatar
    Aligh Posts: 7, Reputation: 1
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    #1

    Oct 14, 2010, 12:02 PM
    What do I debit/credit in journal entry for accumulated depreciation
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Oct 14, 2010, 12:14 PM

    To record depreciation the journal entry is:
    Debit depreciation expense for the amount of depreciation
    Credit Accumulated Depreciation for the amount.
    Aligh's Avatar
    Aligh Posts: 7, Reputation: 1
    New Member
    		  
    #3

    Oct 14, 2010, 12:32 PM
    Comment on pready's post
    Thanks for your help
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