Trending FI AA Discussions

Follow

Ask the Community


Ask any professional question and get answers from other specialists.

Stream language
Anas Anz's image
Question added by Anas Anz
6 years ago
Answers:
3
Followers:
Views:
5
Vote Count:
0
Answer should contain a minimum of 25 characters.
negash desta's image
Question added by negash desta student dtu
4 years ago
Answers:
0
Followers:
Views:
1
Vote Count:
0
Answer should contain a minimum of 25 characters.
Default profile image
Question added by Justin Rausis
5 years ago
Answers:
0
Followers:
Views:
1
Vote Count:
0
Answer should contain a minimum of 25 characters.
Default profile image
Question added by Aarti Bargale
5 years ago
Answers:
0
Followers:
Views:
0
Vote Count:
0
Answer should contain a minimum of 25 characters.
Hiranmoy Sadhukhan's image  
Answer added by  Hiranmoy Sadhukhan, Project Trainee, NIVT
5 years ago

Depreciation is expense so it is debited in trial balance.

Dhanasingh Kumar's image  
Answer added by  Dhanasingh Kumar, Senior Associate Consultant, Infosys Limited
6 years ago

Depreciation is always Debited with P&L account and Accumulated depreciation is credited in Trial balance.

Ravi Madgula's image  
Answer added by  Ravi Madgula, SAP FICO Associate Consultant, Endeavour Technology
6 years ago

Depreciation is debit balances because it is expenses.