* This phone number available for 3 min is not the recipient's number but a number from a service which will put you through to that person. This service is produced by Kompass. Why this number ?
Accumulated depreciation is the total amount a company depreciates its assets, and depreciation expense is the amount a company's assets are depreciated for a single period. Essentially, accumulated depreciation is the total amount of a company's cost that has been allocated to depreciation expense since the asset or assets have been put into use. The accumulated depreciation account is an asset account on a company's balance sheet with a credit balance.
The depreciation expense is the amount by which you reduce your fixed asset value on an annual basis. In our example above, suppose that the value of the computer equipment is $2,000 and the salvage value, at the end of three years, is expected to be $500.n our example above, suppose that the value of the computer equipment is $2,000 and the salvage value, at the end of three years, is expected to be $500.