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Piinky

Blahhh!! Anyone good at Accounting here?
Sep 30 2012 07:01 PM
  • Piinky's Photo
    Piinky
    How do you get Accumulated Depreciation?
    Sep 30 2012 07:29 PM
  • Random's Photo
    Random
    Accumulated depreciation is just total depreciation. So if an asset depreciates $1k for 3 years, each year depreciation is $1k but the accumulate is year 1 (1k) + year 2 (1k) + year 3 (1k) for a total of 3k
    Sep 30 2012 07:31 PM
  • Galadriel's Photo
    Galadriel
    less accumulated depreciation on any disposals
    Sep 30 2012 09:01 PM
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