Accumulated Depreciation
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Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation expense allocated to a specific asset since the asset was put into use. It is a contra-asset account – a negative asset account that offsets the balance in the asset account it is normally associated with. Click here to learn more about this topic: https://corporatefinanceinstitute ...
64.9K viewsJan 8, 2020
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