22 BULLETIlJs' 811, V. S. DEPAKTMEISTT OF AGRICULTUKE. 



H. RESERVES. 



Besei-vefor Depreciation — Buildings (H-l). 



Debit: 



Credit: 



1. With the cost value of entire build- 



1. With the amount reserved at the 



ings or parts of buildings discarded 



time of opening the books as shown 



or destroyed. (Credit Buildings.) 



by the balance sheet. 





2. At the end of the fiscal period with 





the estimated amount of depre- 





ciation. (Debit Depreciation on 





Plant.) 



Wliere an entire roof, floor, or other part of a building is renewed", the original cost 

 of the renewed part should be charged to this account, and the cost of the renewal to 

 the Buildings account. 



See Extraordinary Losses, page 28. 



Reserve for Depreciation — Machinery and Equipment (J?-^). 



Debit: 



Credit: 



1. With the cost value of machinery or 



1. With the amount reserved at the 



equipment destroyed or discarded. 



time of opening the books as shown 



(Credit Machinery and Equip- 



by the balance sheet. 



ment.) 



2. With the estimated amount of depre- 



2. With the difference between the cost 



ciation at the end of the fiscal 



value and amount realized frqm 



period. (Debit Depreciation on 



items sold. (Credit Macliinery 



Plant.) 



8.nd Equipment.) 



C, With any amounts realized on sales 





of machinery and equipment 





which have previously been 





charged to this account. 



Reserve for Depreciation — Office Furniture and Equipment (H-S). 



Debit: 



Credit: 



1. With the cost value of items de- 



1. With the amount reserved at the 



stroyed or discarded. (Credit 



time of opening the books as shown 



Office Furniture and Equipment.) 



by the balance sheet. 



2. With the difference between cost 



2. With the estimated amount of depre- 



and amount realized from items 



ciation at the close of the fiscal 



sold. (Credit Office Furniture and 



period. (Debit Depreciation on 



Equipment.) 



Plant.) 





3. With any amounts realized on sales 





of items which have previously 





been charged to this account. 



See Extraordinary Losses, page 28. 



