Sapna Takia In: Category - Accounting OthersHow is accumulated depreciation shown in trial balance?accumulated depreciationtrial balance ShareFacebook1 AnswerVotedRecent Aastha 2020-08-27T09:02:58+05:30Added an answer on August 27, 2020 at 9:02 am Accumulated Depreciation in a Trial BalanceThe accumulated depreciation is shown as a “credit item” in the trial balance. Accumulated depreciation is nothing but the sum total of depreciation charged until a specified date. Since in every reporting period, a part of a fixed asset is written off i.e depreciated such accumulated depreciation has a credit balance.You should have a glance at the image of an extract of the trial balance given- below it will definitely answer your question in a more effective way.Accumulated DepreciationAs mentioned earlier the accumulated depreciation is the sum total of depreciation that an entity has expensed in its profit and loss statement till that date. It’s basically a contra asset account as it reduces the balance in the asset account.Illustrative Example,Prepare a trial balance of Mr Allen on the basis of given heads of accounts –ParticularsAmountCapital1,00,000Sales1,20,000Purchases1,10,000Sales Return20,000Fixed Assets1,00,000Cash at bank10,000Accumulated Depreciation20,000Solution :Aastha Mehta. 0Reply Share ShareShare on FacebookShare on TwitterShare on LinkedInShare on WhatsAppLeave an answerCancel replyYou must login or register to add a new answer.