Business: showing depreciation

[Derek Atkins]

Quoting Laurent Duperval <lduperval at videotron.ca>:

> Hi,
> 
> How do you show depreciation in GC? For example, I bought a computer. 
> I'm allowed 20% depreciation (I think) per year, for five years. But I 
> spent 100% of the money. How do you account for this?

The purchase is Checking -> Assets:Computer
The depreciation is A:C -> Expense:Depreciation

-derek

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
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