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What is the difference between depreciation …

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What is the difference between depreciation and accumulated depreciation?

Posted by Snehasish Dutta 8 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Pravit Chaudhary 8 years, 2 months ago

accumulated depreciation is the word basically used for full depreciation of the year on any or all assets but depreciation is charged on an asset till a defined date like (dep charged on sold part of the machinery till the date of it's sale is known as it's depreciation and the dep charged on whole machinery for whole year is known as accumulated depreciation)

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CBSE > Class 12 > Accountancy

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