Depreciation Expense

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January 1, 1 6 min read Definitions

Accrued Depreciation Accumulated Depreciation Depreciation Expense Real Estate Asset Management Financial Statements Property Valuation

Accrued depreciation, also known as accumulated depreciation, refers to the total amount of depreciation expense that has been recorded against a company's assets up to a specified point in time.

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January 1, 1 6 min read Definitions

Accumulated Depreciation

Accumulated Depreciation Depreciation Expense Accounting Principles Financial Statements Asset Valuation

Accumulated Depreciation is the total amount of depreciation expense that has been recorded for an asset to date. It represents the wear and tear or reduction in value of the asset over its useful life.