depreciation reserve


Also found in: Legal.

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 ?
When we closed the books for 1917 we found that depreciation had not been written off to an extent which we thought proper and we, therefore, set up a depreciation reserve, accretions to which have since been made from year to year.
The trust will escrow $12,500 each year as a depreciation reserve and thus will pay no tax on this amount.
15,800 crore and to Depreciation Reserve Fund at Rs.
To make up for the deficit that the railways have incurred in the last one year, the budget presented by Ms Banerjee starved the Railway Safety Fund and the Capital Fund and substantially reduced the Depreciation Reserve Fund.
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.
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.
167, or charge them against depreciation reserve (if they keep such an account).
Tenders are invited for Replacement of old leaking/damaged valves, pipe line and inefficient pump sets (under depreciation reserve funds (non plan) uwss deeg district bharatpur.
The consultant had reportedly recommended that appropriation to the depreciation reserve fund should be part of the working expenses.
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.