Real Estate
Building Depreciation (Straight-Line)
Monthly depreciation charge on a commercial building over its useful life.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Depreciation Expense (Building) | Expense (+) | 8,333.00 | - |
| Accumulated Depreciation (Building) | Contra-Asset (+) | - | 8,333.00 |
💡 Accountant's Note
A building costing JOD 1,000,000 depreciated over 10 years (straight-line, excluding land) produces JOD 8,333/month. Land value is excluded from the depreciable base.
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