AMORTIZACIÓN INMOVILIZADO MATERIAL

Let's see what depreciation of tangible fixed assets is and how it is accounted for. In this case, we use the straight-line method. We'll also learn how this fictitious expense affects income and the balance sheet. Where does depreciation appear? In the balance sheet: under tangible fixed assets, decreasing the corresponding fixed asset item. In the opening journal entry: it appears under credit with the rest of the liability and net assets accounts. If you have any questions, please feel free to ask us in the comments. In the following video, we'll look at the different depreciation methods.