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Accumulated Depreciation Debit or Credit

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And credit Machines for 50000. But we have calculated the depreciation taking 500000 as the resale value. Accounting Basics Accounting Basics Accounting Learn Accounting So now what to do. . On April 1 2012 company X purchased a piece of equipment for Rs. Thus after five years accumulated depreciation would total 16000. When we add the balances of these two assets we will get the net book value or carrying value of the assets having a debit balance. Example of How to Eliminate Accumulated Depreciation. Definition explanation examples and application of the rules of debit and credit. This entry debits 400 to Depreciation Expense and credits 400 to Accumulated Depreciation. Credit the increase in liability Debit the decrease in liability. Accumulated depreciation is said to be as a Contra Account since it carries a credit balance also it is associated with the assets that carry debit balances. For example Ha...
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What Are the Barriers of Communication

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Barriers to communication can be countered and fixed with proper training and development efforts. Thus its obvious that communication cannot take place in the presence of any kind of barriers that hinder healthy interaction between the communicators. My Barriers To Communication Effective Communication Communication Process Communication So to eliminate these misunderstandings we have to understand the most common barriers to effective communication. . In case message formation went wrong it gives a wrong and unclear message to the recipient. The message intended by the sender is not understood by the receiver in the same terms and sense and thus communication breakdown occurs. Denotative barriers are those that are based on the actual meaning of words while connotative barriers are those based on the associations people have with words. Top 11 Communication Skills to Be Successful. For example when I say the word and you...
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