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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