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Accumulated Depreciation

The credit balance in Accumulated Depreciation Account is reflected in1. Income Statement2. Cash-Flow Statement3. Balance Sheet4. Statement of Changes in Equity

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تاريخ النشر: 2014/07/29
Venkatesan Chandru
من قبل Venkatesan Chandru , Accountant General , Middle East Trading (Oman) LLC

The accumulated Depreciation Account will be shown in Balance Sheet as

Gross Value of Fixed Assets

Less: Depreciation

to present the nett value of Fixed Assets in the Assets side of the Balance Sheet.

ImrAn Ali
من قبل ImrAn Ali , Assistant Manager Finance , ePlanet Communications Pvt Ltd

3 Balance Sheet, It is contra account that reduces the cost value and brings to depreciated value of any fixed operating asset.

The accumulated Depreciation Account will be shown in financial statement Blance sheet

Fixed Assets

Less: Depreciation

 

Less: Accumulated Depreciation

 

Hisham Yasser Qasim
من قبل Hisham Yasser Qasim , Senior ERP Consultant & Business Solution , Mohammad Al Habib Real Estate Co. | شركة محمد الحبيب العقارية

Accumulated Depreciation is a contra asset account to a fixed asset account. Means, it reduces the fixed asset's gross amount to come up with the book or current value. It appears on the balance sheet and is credited whenever a depreciation expense is recorded.

Mohamed Masoud
من قبل Mohamed Masoud , Accountant , Hayah for trading

Accumulated Depreciation is a Balance Sheet Account so the credit balance in Accumulated Depreciation Account is reflected in Balance Sheet

ayuk  haroldsmith bate
من قبل ayuk haroldsmith bate , Senior Front Desk Supervisor , QUINICK SCANDINAVI HOTEL

accumulated depreciation comes to reduce the fixed assets actual value it is therefore reflected in the balance sheet of a company

 

Ammar Idris Hussain
من قبل Ammar Idris Hussain , Internal Auditor (L&Z Dairy Fresh) , sim cunsolting and associate

Balance sheet (statement of financial position)

MOKHLES SLAMA
من قبل MOKHLES SLAMA , chief accountant , ste mitech tunisie

3 bs;;;;;;;;;;;;;;;;;;;;;;;;

ESMAT FADHEL
من قبل ESMAT FADHEL

ACCUMULATED DEPRECIATION ACCOUNT IS REFLECTED IN BALANCE SHEET

Mohammad Younis
من قبل Mohammad Younis , Accountant , distribution oriented technologies- DOT

3. It will be showen in the Balance Sheet.

Nehal AlOtaibi
من قبل Nehal AlOtaibi , assistant auditor , بلدية محافظة المجمعة

shown in Balance Sheet under (Fixed Assets)

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