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 Audit interview questions  Audit Interview Questions
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 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question
what do you mean acculmated depreciation?
 Question Submitted By :: Rakesh
I also faced this Question!!     Rank Answer Posted By  
 
  Re: what do you mean acculmated depreciation?
Answer
# 1
Acculmated depreciation is the yearly depricition on a 
particular asset.
 
Is This Answer Correct ?    8 Yes 12 No
Pradeep Sangwan
 
  Re: what do you mean acculmated depreciation?
Answer
# 2
Accumulated depreciation is the combined total of 
depreciation of a particular asset class over the years and 
is reflected on the balance sheet.
 
Is This Answer Correct ?    26 Yes 0 No
Donn
 
 
 
  Re: what do you mean acculmated depreciation?
Answer
# 3
The total to date of the periodic depreciation charges on 
depreciable asset
 
Is This Answer Correct ?    6 Yes 3 No
K.p.naik
 
  Re: what do you mean acculmated depreciation?
Answer
# 4
Accumulated depreciation is the combined total of 
depreciation of a particular asset class over the years and 
is reflected on the balance sheet
 
Is This Answer Correct ?    7 Yes 0 No
Ik Verma
 
  Re: what do you mean acculmated depreciation?
Answer
# 5
Accumulated depreciation means depreciation provided on the 
particular depreciable asset till its acquisition. It can 
either be shown as liability or can be deducted from gross 
assets.
 
Is This Answer Correct ?    1 Yes 1 No
Praveen
 
  Re: what do you mean acculmated depreciation?
Answer
# 6
The total amount of depriciation lying in respect of any 
particular asset at a balance sheet date is the accumulated 
dep thereof as on the BS date. The amount of AD is the 
figure derived by adding 
1.dep for the year and;
2.deducting the dep on assets sold or adjustments during 
the year;
from the opening depriciation for that asset.
 
Is This Answer Correct ?    0 Yes 0 No
Amit Khaitan
 

 
 
 
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