Where should accumulated depreciation be recorded?
submitted by omer khitab

jellium

Accumulated depreciation goes in the asset's contra account on the balance sheet. It's like a negative account that shows how much of the asset's value has been used up.

rebecca

It goes on the balance sheet. Specifically, it'd go in the accumulated depreciation account, which takes away from the original cost of the asset.

benson

Accumulated depreciation should be recorded on the balance sheet as a contra-asset account, which is linked to the asset you're working with.