CAN ANYBODY TELL ME

What is the Difference B/W TOTAL DEPRECIATION AND ACCUMULATED DEPRECIATION?????

Replies (2)

accumulated dep of asset  means the dep accumulated in dep provision account

total dep means the dep charged on the said asset till date

i doubt if that is the diffference...

instead of reducing balance of asset a corresponding depreciation provision is created..

and total depreciation shud b the same thing...

 

rectify if i m wrong..

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