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Accumulated depreciation

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

 
 Embedded terms in definition
 Asset
Depreciation
Residual value
X
 
 Related Terms
 Accelerated depreciation
Accumulated benefit obligation
Accumulative depreciation
Depreciation
Depreciation expense
Depreciation tax shield
Double declining balance depreciation
Recaptured depreciation
Straight line depreciation
Sum of the years' digits depreciation

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