When depreciating fixed assets in each period, the account should be credited to ()

Accumulated depreciation

Fixed asset depreciation entry:

Borrow: manufacturing expenses (administrative expenses, etc.)

Credit: accumulated depreciation

Fixed asset depreciation is over, and the disposal of the entries:

Borrow: fixed asset cleanup

Accumulated depreciation

Provision for impairment of fixed assets

credit : Fixed Assets

Bank Deposits (Taxes Payable, etc.)

Expanded Information

Fixed Assets Subject to Depreciation:

(1) Buildings and Houses;

(2) Machines and Equipment in Service, Instrumentation and Apparatus, Transportation Vehicles, Tools and Appliances;

(3) Seasonal out-of-service and repair out-of-service equipment;

(4) Fixed assets leased under operating leases and fixed assets leased under finance leases.

Fixed assets taken out of service for major repairs shall be depreciated accordingly, and the depreciated amount shall be credited to the cost of the relevant assets or to current profit and loss.

Baidu Encyclopedia - Accumulated Depreciation