Accountancy, asked by Anonymous, 1 year ago

depreciastion is credit or debit

Answers

Answered by Rppvian2019

Answer:

The basic journal entry for depreciation is to debit the Depreciation Expense account (which appears in the income statement) and credit the Accumulated Depreciation account (which appears in the balance sheet as a contra account that reduces the amount of fixed assets).

Answered by kumod4447

Answer:

credit card is absorb and debit card is not absorb

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