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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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