Question

depreciation shall be debited which account
a. in the balance sheet
b. capital a/c
c. profit and loss a/c
d. trading a/c​

Answer 1

Answer:

in the balance sheet and in profit and loss a/c

Explanation:

depreciation is an expense so it will be debited in p/l a/c and the value of asset decreases every year so it will be deducted from the concerned asset in the assets side of the balance sheet

Answer 2

Answer:

depreciation shall be debited from

=a.in balance sheet