My notes then tell me depreciation is provided for at, Ask an Expert

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A Trial Balance shows plant/machinery £200,000 fixture/fittings £90,000. Further down the balance it shows Depreciation Provision plant/machinery £64,000. fixture/fittings £32,000. My notes then tell me Depreciation is provided for at plant/machinery 5% fixture/fittings 10% please could you tell me where it all fits in the loss and profit account and balance sheet.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M990389

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