what do you mean acculmated depreciation?
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Answer / shirish
There is company policy that assets is shown in the book at
original cost.In that case Assets is shown in books as
Original cost-Accumulated depreciation.So accumu depr is
Depeciation relating to any assets from the date of
purchase upto the date of use or Balance sheet date
Is This Answer Correct ? | 1 Yes | 2 No |
Answer / hetal pandya
It is the total of depreciation provided on any particular
asset or block of asstet from the date of its purchase till
the date of balance sheet.
Is This Answer Correct ? | 0 Yes | 1 No |
It refers to total value amortised over the year on
systematic basis. Objective of keeping accumulate
depreciation (AD A/c) separately is to write down the
distributable profit and keep such amount of profit
separately in AD A/c to purchase new asset after existing
assets lost it value.
Is This Answer Correct ? | 0 Yes | 2 No |
Answer / pradeep sangwan
Acculmated depreciation is the yearly depricition on a
particular asset.
Is This Answer Correct ? | 18 Yes | 31 No |
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