Where Does Depreciation Go On A Balance Sheet - The depreciation expense reduces the carrying value of a fixed asset (pp&e) recorded on a company’s balance sheet based on its useful life and salvage value assumption. How depreciation works in accounting Web depreciation on the income statement is an expense that impacts the company’s income statement, reducing the operating income.
Web depreciation on the income statement is an expense that impacts the company’s income statement, reducing the operating income. The depreciation expense reduces the carrying value of a fixed asset (pp&e) recorded on a company’s balance sheet based on its useful life and salvage value assumption. How depreciation works in accounting