* 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.
Accumulated Depreciation. 100. The accumulated depreciation account is used in accounting so that the recorded cost of the equipment can stay on the books, and the contra-asset account of accumulated depreciation is used so that the depreciation of the equipment can be kept track of year to year.ccumulated Depreciation Balance Sheet. Accumulated depreciation on the balance sheet, and how it relates to depreciation expense is one of the most confusing concepts of accounting to beginners. To make it easier to understand, letâs start with the basics of how depreciation works.