Accumulated Depreciation - Land Improvements | Push Digits Chartered Accountants

Accumulated Depreciation – Land Improvements

Home - Dictionary of 1,000+ Accounting Terms - Accounting Terms – Letter A - Accumulated Depreciation – Land Improvements

 

 

Accumulated Depreciation – Land Improvements

Accumulated depreciation – land improvements is a contra account which represents the total amount of depreciation taken on land improvements. The said account will have a credit balance which will be netted against the cost incurred against improvements made to land when being reported in the company’s balance sheet under the head of non – current assets.

 

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