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accumulated depreciation

   Also found in: Medical, Legal, Encyclopedia, Wikipedia, Hutchinson 0.03 sec.
accumulated depreciation
The total amount of depreciation that has been recorded for an asset since its date of acquisition. For example, a computer with a 5-year estimated life that was purchased for $2,000 would have accumulated depreciation of $800 [( $2,000/5 ) × 2] and a book value of $1,200 ($2,000 - $800) after 2 years of straight-line depreciation. Also called depreciation reserve.

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T's basis in the new building is $625,000 ($630,000 cost of the surrendered building, minus $200,000 accumulated depreciation, plus $195,000 cash paid).
It also proposes to add another new Item 302(d) of Regulation S-K to elicit certain information concerning tangible and intangible long-lived assets and related accumulated depreciation, depletion and amortization.
* Accumulated depreciation, depletion and amortization of property, plant and equipment
 
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