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accumulated dep

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accumulated dep

Learn about accumulated depreciation and its role in accounting. Discover how it represents the total depreciation expense recorded on an asset over time, reducing its book value. Understand its impact on financial statements, including the balance sheet, and how it helps businesses track asset value and tax deductions.
By: 360 Accounting Pro
06-Mar-2025 06:00 pm
Business & Services
User Website : https://www.360accountingpro.com/blog/understanding-accumulated-depreciation-type-of-account-explained

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