Unit 5 Acquisitions??????

System

Hi
was wondering if anyone could tell me the journal for handling acquisitions when it comes to depreciation please?

Thanks

Claire

System

Re:Unit 5 Acquisitions??????

I assume you are paying for it?
You debit the asset account
Credit bank

Credit Depr (B/S)
Debit Depr (P&L)

Doe this make sense - I haven't done this for 2 1/2 years.