Depreciating for backdated accounts. Please help me!!!



Hi All,

Im doing accounts for 2005 (long story, dont ask). So now i want to add a
new fixed asset and depreciate it accordingly. Everything seemed to be ok but
when i check the P/L and Bal Sheet, there is no depreciation expense recorded
or new asset in the bal sheet. How do i record the transaction? It was also a
contribution from the owner. Please help me. How do i record this?

An advance thank you very very much.


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