Depreciation Expense

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Definitions
Accrued Depreciation
Accrued Depreciation Accumulated Depreciation Asset Valuation Depreciation Accounting Historical Cost Financial Reporting Tangible Assets Depreciation Expense
Accrued depreciation refers to the total amount of depreciation that has been recorded for an asset up to a specific point in time, reflecting the reduction in value due to wear and tear, obsolescence, or other factors.
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Definitions
Accumulated Depreciation
Accumulated Depreciation Depreciation Expense Fixed Assets Balance Sheet Accounting Terms Asset Valuation
Accumulated depreciation represents the total depreciation expense that has been recorded against a fixed asset since its acquisition or establishment on the balance sheet.
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Definitions
Aggregate Depreciation
Aggregate Depreciation Depreciation Expense Fixed Assets Accumulated Depreciation Financial Accounting Asset Management Depreciation Methods
Aggregate depreciation refers to the total amount of depreciation expense that has been accumulated over time for a fixed asset or group of assets since the beginning of their use.
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Definitions
Physical Depreciation or Physical Deterioration
Physical Depreciation Physical Deterioration Loss of Value Real Estate Breakage Deferred Maintenance Useful Life Depreciation Expense
Physical depreciation or deterioration refers to the loss of value from all causes of age and action of the elements. It encompasses breakage, deferred maintenance, effects of aging on construction materials, and normal wear and tear.
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