cumulative depreciation in English
total decrease in value recorded for a particular asset
Use "cumulative depreciation" in a sentence
Below are sample sentences containing the word "cumulative depreciation" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "cumulative depreciation", or refer to the context using the word "cumulative depreciation" in the English Dictionary.
1. Cumulative depreciation for tax purposes is 90 and the tax rate is 25 %.
2. The Accumulated depreciation of an asset is the amount of cumulative depreciation that has been charged on the asset since the date of its purchase until the reporting date.
3. Accumulated depreciation is the cumulative depreciation of an asset up to a single point in its life. Accumulated depreciation is a contra asset account, meaning its natural balance is a credit