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What is depreciation ? And What is accumulated depreciation ?

Vignesh Psv

CA Foundation

★ 8K+

03-Oct-22 21:26

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Answers (2)

Best Answer

Depreciation is the amount that a company's assets are depreciated for a particular period (e.g, quarter or year ), while accumulated depreciation is the total amount of depreciation until today

Thanusha Lakshmi

CA Final

★ 3K+

03-Oct-22 21:55

Thanusha Lakshmi

Depreciation is the amount that a company's assets are depreciated for a particular period (e.g, quarter or year ), while accumulated depreciation is the total amount of depreciation until today

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Thread Starter

Vignesh Psv

CA Foundation

★ 8K+

03-Oct-22 21:56