Depreciation
This query is : Resolved
14 November 2013
Accumulated Depreciation meaning in simple word ( 3 line answer )
Nikhil Kaushik
(Expert)
15 November 2013
The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.
CA BHARATH KUMAR
(Expert)
18 November 2013
total of depreciation from date of purchase
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