Accumulated Depreciation
Meaning of Accumulated Depreciation in the United States Tax System
Also “Accrued Depreciation”. It is, in accounting, the amount of depreciation expense that has been claimed to date.
See also other Tax Terms and Definitions in U.S.A.
adjusted basis.
Example of Accumulated Depreciation:
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A real estate was bought for $200,000. The annual straight-line depreciation expense is $5,000. The accumulated depreciation in 3 years is $15,000.
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What is Accumulated Depreciation?
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Accumulated Depreciation in the context of Real Property
See: Accrued Depreciation in this legal Dictionary.
Accumulated Depreciation in the context of Real Property
See: Accrued Depreciation in this legal Dictionary.
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