What is Accumulated Depreciation?
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Answer / gohar ali pugc
Accumulated Depriciation is a depriciation expense and the
expense which is inccured but not paid yet.
jounral entry:
depriciation expense debit
Acc: Depriciation credit
Is This Answer Correct ? | 7 Yes | 0 No |
Answer / pvinay0910
The total amount of the depreciation written off from the
cost price or valuation of fixed assets since it was brought
in to the balance sheet of an organization.
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / n.sudhakar babu
Accumulated Depreciation is a Depreciation which what ever
depreciation on asset is deducted is accumulate every
year to the depreciation account to purchase another asset.
Is This Answer Correct ? | 6 Yes | 6 No |
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