An accumulated expense that writes off the cost of a fixed asset over its expected useful life.
Related information about allowance for depreciation:
- Depreciation Expense Account Vs. Allowance for a Depreciation ...
The allowance for depreciation account, or accumulated depreciation account, serves two purposes. First, its balance reflects the dollar value of an asset's ...
- What is allowance for depreciation? - InvestorWords.com
Definition of allowance for depreciation: An accumulated expense that writes off the cost of a fixed asset over its expected useful life.
- Allowance for Depreciation - Financial Dictionary - The Free Dictionary
The total depreciation on an asset, and not simply the depreciation that is added each year. One may calculate the accumulated depreciation by subtracting the ...
- allowance for depreciation Definition | Business Dictionaries from ...
sum of depreciation charges taken to date on a fixed asset. Accumulated depreciation is a contra account to the fixed asset to arrive at book value . For example ...
- What is allowance for depreciation? - BusinessDictionary.com
Definition of allowance for depreciation: The amount that is taken for the life of the asset.
- allowance for depreciation
An accumulated expense used to write off a fixed asset. This lasts the duration...
- Depreciation: Allowance for depreciation based on asset costs.
An appropriate allowance for depreciation on buildings and equipment used in the provision of patient care is an allowable cost. The depreciation must be— ...
- 42 CFR 413.149 - Depreciation: Allowance for depreciation on ...
(b) Application. Like other assets (including other donated depreciable assets), assets financed with Hill-Burton or other Federal or public funds become a part of ...