which group accumulated depreciation grouped under // Assets Or Liability?

rakesh Ayichothk's image
rakesh Ayichothk
Aug. 11, 2016, 8:55 p.m.

Answers!

Davneet Singh's image
Davneet Singh
Aug. 11, 2016, 10:47 p.m.

it is under Fixed ASSETS

Note:-

We pass the entry

Dep Dr 

    To Accumulated Dep

 

So Accumulated Dep shows in negative under Fixed Assets

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rakesh Ayichothk's image