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

Answers were Sorted based on User's Feedback



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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