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Transaction for change in Depreciation Method
If a company change its depreciation method from Straight line method to another method than what will be the impact for the difference?
prashant
- Sep 11th, 2012
It should be adjusted in only that assests account by charging extra dep. or charging less dep........
steadyshot23
- Mar 18th, 2010
No Journal entry is needed. You just use the method that you changed to.
