Question

What is the entry of Depreciation. Tell its meaning along with It's entry.

Answer 1

Heyaa,

Depreciation means decrease in the value of Fixed assets due to continuous use, tear & wear.

Entry if Depreciation is.

Depreciation a/c. Dr
To Fixed assets a/c.

Answer 2

Heya....

your answer is:

Depreciation means a decrease in the value of currency.
Entry of depreciation is:
Depreciation a/c.Dr
To fixed assets a/c.

It may help you ....