An alternative term used for accumulated depreciation expenses?

Question

A) Provision for depreciation B) Cumulative depreciation C) Targeted depreciationD) Depletion

Deleted user · Answer

A and may be B>>>>>>>>>>>>>>>>>>>>>>>>

Syed Muntazir · Answer

It's option B. . . . . cumulative depreciation

Shahbaz Hayder · Answer

Option A is the right answer.

Hisham Yasser Qasim · Answer

The amount of a long-term asset's cost that has been allocated to Depreciation Expense since the time that the asset was acquired. Accumulated Depreciation is a long-term contra asset account (an asset account with a credit balance) that is reported on the balance sheet under the heading Property, Plant, and Equipment.

Ansar Iqbal · Answer

Simple AnswerIts cumulative deprecation

Waqas Talpur · Answer

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ernie rodriguez · Answer

my answer is B. cumulative depreaciation.

Nabin Kumar Dey Dey Nabin Kumar · Answer

Option (A)- Provision for Depreciation. Its a negative balance contra asset account which is created in order not to violate the cost principle. Remember your college days that we never knew much about Accummulate Depreciation but we knew it as Provision for depreciation but if you are into professional field for such now is know to us as Accummulated depreciation

Zuhaib Iqbal Qadri · Answer

Option B,  what u think dear Ramzan?

Muhammad Waqas Yaseen · Answer

Under Asset account particularly in Fixed Asset

Wasim khan wazir · Answer

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An alternative term used for accumulated depreciation expenses?

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