working and learning through examples
always draw
depreciation
·
diminishing balance method
·: decreases OE be its an expense
-
+
lefst price -
acc depriation) x r % x /22
Gener
straight line method Depreciatio
+
cost price x + % X /12 Acc
O
Edepreciation
dep on
on co
at di
& OnErd
acc XXX account
dep .
② acc dep
.
. on -
Balance balance
-
depreciation XXX
-
acc
XXX
-
- -
dep .
Income
accrued T receivable
-Y
-
uncorner
income owned , not yet received
AggETACC
& accrued income d Gen
contra accounts accru
Rent income
-