- This topic has 0 replies, 1 voice, and was last updated 10 years ago by
.
Viewing 1 post (of 1 total)
- Posts
Hi Mr John. Why do we credit accumulate depreciation? What’s logic here? Regarding Depreciation expense, we credit it since it’s expense…
Second question: What about Disposal account Why do we put cost of car in debit side and why residual value and acc depreciation in credit side? There must be logic which helps us understand and remember…Thank you…
Viewing 1 post (of 1 total)
- You must be logged in to reply to this topic.