Question:

Are accumulated depreciations considered expenses?

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Are accumulated depreciations considered expenses?

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  1. On a balance sheet, it is a contra-asset.  The depreciation expense that gets added to the accumulated depreciation each year is expensed.


  2. no. its a fixed asset

  3. Depreciation is an allowable expense under tax rules, USA.

    The monthly depreciation amount is entered in the expense column as "Depreciation Expense".

    This is recoverd in the selling price just as all expenses are.

  4. they are in the livestock industry

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