Accountancy, asked by Rajuchakma659, 1 year ago

Why Is Depreciation On The Income Statement Different From The Depreciation On The Balance Sheet?

Answers

Answered by babushall
0

it is because depreciation on the income statement contains the depreciation which is calculated for a specific period ....

and in balance sheet the amount of depreciation will be accumulated depreciation I.e total depreciation...

comment if you are not clear....

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