accumulated depreciation definition

glossary: accumulated depreciation definition

Glossary: accumulated depreciation



Accumulated depreciation is the total depreciation taken for an asset since it was placed in service. Also known as life-to-date depreciation and depreciation reserve. Accumulated depreciation is an account in the asset section of the balance sheet that shows the total amount of depreciation that has been taken on a company's combined assets as of the balance sheet date.

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Definition: accumulated depreciation

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Glossary: accumulated depreciation business plan definition - 2001-2003 HJ Ventures International, Inc.