Cyclopedia of Commerce, Accountancy, Business Administration, v. 04 (of 10)

by American School of Correspondence

Accounts 92 to 94, inclusive, are closed into a delivery expense account.

95. Depreciation—Buildings. Credited monthly with current charges for depreciation.

96, 97, and 98. Handled the same as No. 95.

Accounts 95 and 98 are closed into a depreciation adjustment account.

Manufacturing Ledger with Closing Entries

Manufacturing Ledger with Closing Entries