For Accumulated Depreciation we have terms and definitions in 6 topics. The topics are Accounting, Accounting Terms, Finance, Financial, Sanitation and Tax.

Accumulated Depreciation (Accounting)

Total DEPRECIATION pertaining to an ASSET or group of assets from the time the assets were placed in services until the date of the FINANCIAL STATEMENT or tax return. This total is the CONTRA ACCOUNT to the related asset account.

Accumulated Depreciation (Accounting Terms)

Total DEPRECIATION pertaining to an ASSET or group of assets from the time the assets were placed in services until the date of the FINANCIAL STATEMENT or tax return. This total is the CONTRA ACCOUNT to the related asset account.

Accumulated Depreciation (Finance)

Accumulated Depreciation represents the cumulative depreciation related to the property, plant and equipment owned (an allowance for the PP&E getting used up).

Accumulated Depreciation (Financial)

Is the amount of depreciation already taken against an asset.
Assume that a computer costs $6,000 and has an expected life of 5 years and no residual value. After 3 years the accumulated depreciation would be $3,600 (3 x $1,200 annual depreciation).
Assume that a computer costs $6,000 and has an expected life of 5 years and no residual value. After 3 years the accumulated depreciation would be $3,600 (3 x $1,200 annual depreciation).

Accumulated Depreciation (Sanitation)

A valuation account to record the accumulation of periodic credits made to record the expiration of the estimated service life of fixed assets.

Accumulated Depreciation (Tax)

An account to which estimated depreciation is added.

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