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SAM - Chapter 10400

10433.1     ACCOUNT NO. 2349 - ACCUMULATED DEPRECIATION EQUIPMENT
(New 06/05)
 
Normal Balance:  Credit
 
Purpose:  This account shows the depreciated portion of the cost of equipment.
 
Subsidiaries:  Property Ledger
 
Normal Entries:
Entry No. Debits Entry No. Credits
Entries to this account will usually be made by special journal entries as circumstances require.

 

Updated : 7/9/2007