Reserve for Depreciation

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January 1, 1 6 min read Definitions
Reserve for Depreciation
Reserve for Depreciation Accumulated Depreciation Fixed Assets Wear and Tear Obsolescence Financial Accounting Depreciation Schedule
A reserve for depreciation, also known as accumulated depreciation, helps businesses account for the gradual reduction in value of their fixed assets over time due to wear and tear, obsolescence, or other factors.
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