depreciation reserve


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Accumulated Depreciation

The total depreciation on an asset, and not simply the depreciation that is added each year. One may calculate the accumulated depreciation by subtracting the original value of the asset from its current book value or by multiplying the yearly depreciation by the number of years the asset has been held.

depreciation reserve

References in periodicals archive ?
168(i)1(e)(3)(iii)(B), the GAA treatment for the asset terminates as of the first day of the tax year in which the qualifying disposition occurs; the GAA's unadjusted depreciable basis is reduced by the asset's unadjusted depreciable basis (as of the first day of the tax year); and the GAA's depreciation reserve is reduced by the allowable depreciation of the asset (as of the end of the tax year immediately preceding the year of disposition).
The disposition of any over earnings is at the discretion of the FPSC, with alternatives including refunding to customers, adding the over earnings to the storm damage reserves, funding environmental reserves or reducing any depreciation reserve deficiency.
11 for Salt Lake City facility), (2) establish the unadjusted depreciable basis and depreciation reserve of the general asset account and (3) reflect the amount realized on dispositions from each general asset account.
167, or charge them against depreciation reserve (if they keep such an account).
The consultant had reportedly recommended that appropriation to the depreciation reserve fund should be part of the working expenses.
Where asset records are maintained in pool accounts, the specific cost and depreciation reserve attributable to individual assets are either lost or may be recomputed only at substantial cost to the taxpayer.
The department oversees the leasing of all office space by the state agencies, whose rentals are required to be set to produce 110% debt service and reserve deposits, and 100% of operating and maintenance costs and required deposits to the capital depreciation reserve fund.
Tenders are invited for Replacement of old leaking-damaged valves, pipe line and inefficient pump sets (under depreciation reserve funds uwss deeg district bharatpur
The company may reduce its depreciation reserve by up to $150 million in 2010, up to $250 million in 2011, and up to the remaining balance in 2012.
To deal with the deficit, the Depreciation Reserve Fund, which is earmarked for the maintenance of existing facilities and infrastructure, has been reduced by a third from what it was two years back.
After providing `5,700 crore and `14,500 crore for depreciation reserve fund and pension fund, respectively, in the revised estimates, the total working expenses are likely to be `87,200 crore.