Principles of Accounting: Double entry for Depreciation
ZIMSEC O Level Principles of Accounts Notes: Double entry for Depreciation
- Once depreciation has been calculated using either:
- The straight line method or
- The reducing balance method
- It is recorded in the books using double entry
- Before we mention the entries it is important to state this
The old method of accounting for depreciation by recording it in the asset […]

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