What is the Difference B/W TOTAL DEPRECIATION AND ACCUMULATED DEPRECIATION?????
sristi srivastava (COST ACCOUNTANT) (113 Points)
05 September 2009What is the Difference B/W TOTAL DEPRECIATION AND ACCUMULATED DEPRECIATION?????
Jayant............
(article )
(83 Points)
Replied 05 September 2009
accumulated dep of asset means the dep accumulated in dep provision account
total dep means the dep charged on the said asset till date
Arjun Roy
(Chartered Accountant)
(158 Points)
Replied 05 September 2009
i doubt if that is the diffference...
instead of reducing balance of asset a corresponding depreciation provision is created..
and total depreciation shud b the same thing...
rectify if i m wrong..
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