Share
Explore BrainMass

Accumulated Depreciation Definition and Example

File contains a real life example (from The Coca-Cola Company) of accumulated depreciation.

Solution Preview

Accumulated Depreciation

While it may seem like the accumulated depreciation amount is for the replacement cost of an asset, it is not. To an accountant, according to Generally Accepted Accounting Principles (GAAP), accumulated depreciation is an expense.

Accumulated depreciation is the allowed reduction of the carrying amount of the assets on the balance sheet to ...

Solution Summary

File contains a real life example (from The Coca-Cola Company) of accumulated depreciation.

$2.19