After five years there would be nothing left to depreciate. Accumulated depreciation is used to calculate an asset's net book value, which is the value of an asset carried on the balance sheet.
To calculate this capital expenditure depreciation ... On the balance sheet, each year's depreciation expense will add into the accumulated depreciation account, which is subtracted from the ...
Accelerated depreciation allows businesses to write off the cost of an asset more quickly than the traditional straight-line method. This can provide asset owners with potentially valuable tax ...
Reviewed by David Kindness Fact checked by Kirsten Rohrs Schmitt Accumulated depreciation is the total amount of an asset's ...