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what is the purpose of the accumulated depreciation account

Learn the role of the accumulated depreciation account in reducing asset values and its impact on your business's financial health.

By: 360 Accounting Pro

08-Jan-2025 12:18 pm

Business & Services

User Website : https://www.360accountingpro.com/blog/what-account-is-accumulated-depreciation-understanding-depreciation-in-accounting-with-360-accounting-pro-inc-