Accountancy, asked by touhidr712, 1 month ago

"charge depreciation on building" which was debit or credit?​

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Answered by rankitakumari73
0

Answer:

basic journal entry for depreciation is to debit the Depreciation Expense account (which appears in the income statement) and credit the Accumulated Depreciation account.

Answered by AllenGPhilip
2

Answer:

Explanation:

DEPRECIATION    A/C    DR.     AMT

     TO BUILDING A/C    CR.                AMT

 ( CHARGE DEPRECITION ON

   BUILDING )

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