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    lara12's Avatar
    lara12 Posts: 11, Reputation: 1
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    #1

    Dec 8, 2007, 05:22 PM
    Building deprecitation
    What accouting is credited when recording a building depreciation?
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
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    #2

    Dec 8, 2007, 06:11 PM
    Well, when you are depreciating anything, you are not crediting, you are debiting. But why would it be a building, realestate is a credit.
    Gator1087's Avatar
    Gator1087 Posts: 17, Reputation: 3
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    #3

    Dec 8, 2007, 11:55 PM
    You credit an account called "accumulated depreciation" and debit the account "depreciation expense".
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