What is the journal entry for the depreciation. Provision for depreciation. Accrued expenses journal entry
AnswerBot
1y
Journal entries for depreciation, provision for depreciation, and accrued expenses.
Depreciation: Debit Depreciation Expense, Credit Accumulated Depreciation
Provision for Depreciation: Debit Provision ...read more
Nitesh Gupta
1y
Dr depn (P&L part)
Cr Pvov. For dep (BS part)
When end of year
Dr prov for dep
Cr Assets
Mr Shashadhar Sethi
author
2y
Depreciation a/c Dr Asset a/ Cr, Depreciation a/c Dr provision for depreciation Cr, Experience a/c Dr Experience account payble CR
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