What are The Journal Entries for Depreciation
Introduction to Depreciation Depreciation charges are a way of spreading the cost of a capital/fixed asset over its useful life. When a company makes a purchase of an item that …
How to Account for Fixed Assets/PPE
The accounting treatment for Property, Plant and Equipment (commonly referred to as PPE) is set out within IAS16. PPE may also be referred to as fixed assets or tangible assets and …