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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › What is accumulated depreciation
What is accumulated depreciation
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.
