Cambrige Notes: Principles of Accounting: Double entry for Depreciation
Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) 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 […]