Manufacturing
Factory Equipment Depreciation
Recording the wear and tear of production machinery.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Manufacturing Overhead (Control) | Expense (+) | 500.00 | - |
| Accumulated Depreciation | Contra-Asset (+) | - | 500.00 |
💡 Accountant's Note
Unlike a delivery truck, factory machine depreciation is a component of product cost (Overhead).
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