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What is accumulated depreciation

RRuthvyk12y ago
What is accumulated depreciation
John MoffatJohn MoffatTutor12y ago#1
Accumulated is another word for total. Accumulate depreciation is the total depreciation that has been charged on a non-current asset (and reduces the 'value' of the asset in the Statement of financial position. I do suggest that you watch the free lecture on depreciation.
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