Depreciation is under Indirect Expenses Accumulated Dep is under Fixed Assets (It is shown in Negative under Fixed Assets as it is credited)

Answer of this question

In the Entry Depreciation A/c Dr. To Accumulated Depreciation Under in which heads these two ledger comes

Davneet Singh

Depreciation is under Indirect Expenses

Accumulated Dep is under Fixed Assets

(It is shown in Negative under Fixed Assets as it is credited)

Written on Nov. 17, 2016, 11:06 p.m.

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Class 6