Difference between Depreciation, Accumulated Depreciation and APC? What is APC?

In accountancy, depreciation refers to two aspects of the same concept: The decrease in value of assets (fair value depreciation), and the allocation of the cost of assets to periods in which the assets are used (depreciation with the matching principle).
Depreciation - The reduction in the value of a Fixed/ Tangible Assets due to wear and tear.
It is treated as an expense in Income Statement.
Accumulated Depreciation – the total amount of depreciation calculated on a particular asset.
(Without an accumulated depreciation account on the balance sheet, depreciation expense is usually charged against the relevant asset directly).
APC – Refers to Asset transactions other than depreciation.
(Acquisition and Production Cost)

Dpereciation is a decrease in the value of an asset due to wear and tera for particular period of time while accumilated depreciation means the total amount of depreciation calcuated over a particular asset. APC refers to asset transactions other then depreciation.

APC??

Depreciation – a decrease in the value of an asset due to wear and tear.
Accumulated Depreciation – the total amount of depreciation calculated on a particular asset.
APC – refers to Asset transactions other than depreciation.

Depriciaton is for one year

Accumlated Depricition for the entire Period

 

DEPRECIATION:- it is stands for the write off an fixed assets value (book value) becoz of its usage and decrease in its efficiency and productivity.
ACCUMULATED DEPRECIATION:- accumulated depreciation means sum of depreciation which is charged on an fixed asset/ tangible asses up to that particular date( or for that particular period of time) APC:- Accounting for "Acquisition and production costs" is means APC.

Depreciation: Reduction in value of Asset due to wear and tear, effluction of time or Technology Changes.
It will be charged in P& L account Accumulated Depreciation: It is nothing but the accumulation of Depreciation calculated upto date of disposal of concern asset and showed as Liability , but deducted from purchased cost of Concern asset.
APC: Acquisition and Production Cost of Fixed Asset.
it applies only when asset is formed by internal activities i.e.
internally generated asset.
By using APC, Asset could be booked through LPO along with delivery note instead of Batch input to book the asset's cost

Depreciation : A decrease in the value of an asset due to wear and tear.
Accumulated Depreciation : the total amount of depreciation calculated on a particular asset.
APC : Refers to Asset transactions other than depreciation.

Depreciation is the amount or cost that is lost by a tangible/ fixed asset due to normal wear and tear ..whereas ;

Accumulated depreciation is the aggregate amount or cost of depreciaton charged to a particular fixed asset over its life..

APC stands for Acquisition and production cost.. its a basic or initial cost that would be incurred in order to acquire a fixed asset or to produce it internally..

 

Depreciation: A reduction in the value of Fixed/ Tangible Assets due to wear and tear.
It is treated as Expense in Income Statement.
Accumulated Depreciation: Total depreciation on Fixed/ Tangible Assets accumulated upto a specific period of time is called Accumulated Depreciation.
It is deducted from the value of Fixed Assets in Balance Sheet.
APC: Acquisition and Production Cost of Fixed/ Tangible Assets.

Different methods of calculating depreciation