Logistics
Depreciation of Warehouse Racking
Annual depreciation of the specialized steel structures used for pallet storage.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Depreciation Expense (Warehouse) | Expense (+) | 1,000.00 | - |
| Accumulated Depreciation | Contra-Asset (+) | - | 1,000.00 |
💡 Accountant's Note
Racking is a fixed asset with a typical life of 10-15 years. This ensures the cost of the warehouse setup is spread over its useful life.
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