Depreciation Reserve

Concept of Depreciation Reserve in the context of Real Property

A short definition of Depreciation Reserve: An account for the amount needed for depreciation caused by time and use of equipment, buildings, etc. Common in accounting of public utilities.

Concept of Depreciation Reserve in the context of Real Property

A short definition of Depreciation Reserve: An account for the amount needed for depreciation caused by time and use of equipment, buildings, etc. Common in accounting of public utilities.