A company uses an integrated accounting system.

CIMA BA2 Question Answer

The accounting entries for depreciation of machinery used for production would be.

Debit: Provision for depreciation accountCredit: Work in progress control account

Debit: Work in progress control accountCredit: Provision for depreciation account

Debit: Production overhead control account Credit: Provision for depreciation account

Debit: Provision for depreciation account Credit: Non-current Assets account

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