below is the entry for depreciation

Dr Depreciation  
Cr Fixed Asset (Eg.Computer or Vehicle ) XXX

Depreciation is a nominal a/c.i.e dr all expenses &losses. 
cr all incomes & gains.So while Depreciating   dr 
depreciation A/c.All assets are Real acount. i.e debit what 
comes in & credit what goes out. so When asett comes in we 
will debit asset A/c & normally asset a/c will have Dr 
balance.To decrease the value of the asset we have to Cr 
asset A/c. Therefore The entry for depreciation is 
Depreciation A/c Dr  XXX
    To Fixed Asset A/c   XXX

Depreciation A/c Dr
         
             to Fixed Asset A/c or Asset A/c

(Being depreciation charged on asset)

Depriciation A/C  Dr.

          To  Fixed Assets A/c

(being dep. charged on fixed assets)

depreciation ac dr
to accumulated depreciation

Depreciation a/c Dr.
To Accumulated Depreciation on concerned fixed asset
(being the depreciation calculated for the year....)

Depriciation A/c Debit 
 To Bank A/c

Depreciation a/c dr
to fixed asset a/c

Adjusting entry

Depreciation A/c Dr
  To asset A/c
(dep provided)

Transfer entry

profit and loss A/c Dr
  To depreciation A/c
(dep transferred to 
profit and loss account)

Depriciation A/c 
 To Fixed assets A/c

Being depriciation  comes in a nominal account rule and 
rule of nominal a/c is dr all expenses and losses and cr 
all income and gains 

Asset comes in real a/c and the rule for real account is dr 
what comes in and cr what goes out. thats after 
depreciating the assets its value becomes to zero in the 
end thats why the above entry.

Depreciation a/c DR

     Depreciation Reserve a/c CR

   Example

            Depreciation a/c  DR

              Depreciation Reserve ( computer ) a/c CR

    We have to create Reserve account head under Fixed 
Assets Group for each Fixed Asset items and we have to
credit reserve account instead of Fixed Assets directly.

Mr.Guest you are palying and passing your valuable time.It 
is a good site to revise yourself.Moreover I am giving 
elderly advice to you to put your name while posting 
question or answer.
Depreciation entry is an adjustement entry.Decreasing of 
cash or Bank balance will not be occured here.And more over 
Bank a/c will not be permitted in Journal voucher
Sri Gouse Mohinuddin saab if you put accumulated 
depreciation account in credit where you find place to put 
the asset.Think well before you answer any thing
My sincere advice to both of you is hereafter try to answer 
or post question thru your e-mail.It will wake up you when 
ever the answer posted. It helps you to revise and develop 
yourself

Mr Guest be careful while answering Depreciation is an year 
end closing entry and which is a non cash entry. then how 
can you write deprection with bank. Try to use this site to 
revise yourself and to become a guide to others

Depriciation a/c dr
      to assets a/c

Dr Depreciation 
Cr Fixed Asset

depreciation is not an actual expense paid in cash, but it 
is assumed by owner to estimate the useful life of an 
asset.we determine the life span of an asset then we apply 
a certain rate of depriciation upon the asset so that we 
can purchase a new asset after the finishing of the useful 
life of an asset.
As we use an asset it certainly loose its efficiency.change 
in efficiency is its depreciation.due to resuce in its 
efficienc the asset reduce its value,however we are not 
paying it in actual so there is no ivolvement of bank or 
cash at all.
 correct entry is:
 
 Depriciation A/c
              
               to Accumulated Dep.A/c
depreciation is an expense and dbit to profit & loss and 
Acc.dep. is transfer to reserves on credit side of 
balancesheet so Assets are on debit side and the 
Acc.depriciation automatically adjust the balance of assets 
on debit side of balance sheet.

Depriciatin a/c Dr

   To cash