what do you mean acculmated depreciation?

Answer Posted / 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



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