Depreciation
This query is : Resolved
06 November 2016
Why we maintain Accumulated Depreciation Account?
and that too with the parent head fixed asset
and that too with the parent head fixed asset
07 November 2016
Depreciation is the charge for wear and tear of fixed asset.
So the group is "fixed asset"
In order to keep the track of the same, the account is maintained year after year
So the group is "fixed asset"
In order to keep the track of the same, the account is maintained year after year
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