Good Afternoon. In the F3 tutorial video, "Depreciation Example 3," why do we balance the Accumulated Depreciation a/c from the 2nd year? (That’s @ the 8mins 27secs point) How come we don’t balance for.the 1st yr (1400)? Thanks!!
https://opentuition.com/acca/f3/depreciation-example-3/
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Query- Depreciation E.g. 3 video
12y ago#1There is no need to strike a balance when there is only one figure on the account - that one figure is the balance!
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