Posting depreciation means to account for depreciation using the proper journal entries. Companies must ... to purchase the asset and only record the expense as the company uses the asset.

If you place the equipment in service on January 1, the annual journal entry is as follows: Depreciation Expense (debit) 2,000 Accumulated Depreciation 2,000 Provided you use the equipment for its ...

they must make the payments for the fixed asset in separate journal entries while also accounting for the lost value of the fixed asset over time through depreciation. Return on equity (ROE ...