Question
Year end financial statement not showing the Depreciation Expenses in the statement line "Depreciation" for amount on the Account "Depreciation" in the Chart of Accounts
I am preparing the annual accounts Financial Statements this year under Work papers for the first year for the limited liability company. The amount of Depreciation expense on the account "Depreciation" in the Chart of Accounts, is not showing up on the summary P&L or Detailed P&L as Depreciation.
