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what do you mean acculmated depreciation?
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Answer / donn
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 ? | 80 Yes | 3 No |
Answer / ik verma
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 ? | 25 Yes | 3 No |
Answer / k.p.naik
The total to date of the periodic depreciation charges on
depreciable asset
| Is This Answer Correct ? | 12 Yes | 5 No |
Answer / amit khaitan
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 ? | 5 Yes | 3 No |
Answer / praveen
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 ? | 7 Yes | 6 No |
Answer / archana kaur
The depreciation charged to the asset from the time it has
been purchased
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / varatharajan.k.s
The cumulative depreciation of an asset up to a single
point in its life. Regardless of the method used to
calculate it, the depreciation of an asset during a single
period is added to the previous period’s accumulated
depreciation to get the current accumulated depreciation.
An asset’s carrying value on the balance sheet is the
difference between its purchase price and accumulated
depreciation.
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / hrs bhagi
Accumulated Depreciation on any asset or any class or group of assets is the total amount of depreciation charged on that asset or that class or group of assets from the beginning till a particular date (i.e. till the date up to which depreciation is calculated); usually up to the end of a particular accounting period( An Accounting month, quarter, Half Year or Year). Gross Value of Assets & Accumulated Depreciation are presented in the Balance Sheet.whereas the depreciation charged for an accounting period is debited to the P&L A/c of that year
| Is This Answer Correct ? | 0 Yes | 0 No |
Accumlated depreciation is the fund which is made to
replace the asset after the economic life of asset .
| Is This Answer Correct ? | 2 Yes | 3 No |
Answer / vijay
Accumulated dep is the depreciation, which will be added
every period when calculated on it and finally we show it
as an accumulated depreciation and it will be fund to
purchase a new machinary to replace old.
Regards,
Vijay
| Is This Answer Correct ? | 2 Yes | 3 No |
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