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The answer is Accumulated Depreciation. An Accumulated Depreciation account typically has a credit balance salary expense accumulated depreciation expense owner distributions inventory.
Accumulated depreciation accounts are the comparing resource accounts on the organization's monetary record. This addresses an acknowledge and shows up as a decrease in the all out revealed fixed resources. Accumulated depreciation addresses the complete authentic mileage of a resource over its helpful life.
Offices and gear. How much the expense of a non-current resource that has been distributed since the date the resource was gained.
Accumulated depreciation is an uneven resource account called the drawn out contingent resource account and is accounted for under the property, plant and gear heading on the asset report. The amount of the cost of a non-current asset that has been allocated since the date the asset was acquired.
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