what are the differences between depreciation and accumulated depreciation ?

rakesh Ayichothk's image
rakesh Ayichothk
July 16, 2016, 11:33 a.m.

Answers!

Davneet Singh's image
Davneet Singh
July 16, 2016, 6:51 p.m.

Depreciation is loss in value of assets in one year

Accumulated Depreciation is total depreciation of all years

it is used by companies who follow Dep as per Companies Act

 

learn More

http://www.teachoo.com/840/259/Depreciation-Comparison-Companies-and-Non-Companies/Depreciation-Computation/author/teachoo

 

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