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Depreciation

Depreciation is a very important concept to understand.

Included in EZ Accounting is an easy to understand explanation in the terminology section. In the debits/credits section, we show you how to record depreciation. To make sure that you understand the concept, we have included adjusting entries and an unadjusted trial balance and an adjusted trial balance that includes a question and answer on depreciation expense.

 

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by: Timothy C. Stewart, CPA
A Professional Corporation
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