Journal entries of depreciation
AnswerBot
1y
Depreciation journal entries are used to record the decrease in value of an asset over time.
Depreciation expense is debited to decrease the asset's value.
Accumulated depreciation is credited to show t...read more
Yogesh Vaishnav
1y
Profit & Loss A\C Dr
To Depreciation A\C
Yogesh Vaishnav
1y
Profit & loss A\C Dr
To Depreciation A\C
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