Whether Depreciation to be posted in debit side or credit side?

Question Posted / vittobanatesan

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Whether Depreciation to be posted in debit side or credit side?..

Answer / uma

Depreciation is debitd

Is This Answer Correct ?

6 Yes

1 No

Whether Depreciation to be posted in debit side or credit side?..

Answer / h.r. sreepada bhagi

Every entry will have dual aspect. It is debited to P&L A/c
and credited to Accumulated Depreciation A/c or Depreciation
Reserve A/c.

Is This Answer Correct ?

7 Yes

3 No

Whether Depreciation to be posted in debit side or credit side?..

Answer / gurram

debit side in P% L Account

Is This Answer Correct ?

4 Yes

1 No

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