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What is accumulated depriciation
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Answer / tapan kumar roy
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.
Depreciation is the Profit & Loss item on the otherhand Accumulated depreciation is the Balance Sheet item.
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Answer / raju
accumulated depreciation is a depreciation of fixed asset on the life cycle basic.the rate of depriciation on plant and machinary,motor car, computor, the all fixed assets depreciate in assasment year.
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