What Is an Accumulator

question 51

Essay

What is an accumulator?

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Definitions:

Sum-Of-The-Years-Digits

A method of depreciation that accelerates costs based on the premise that an asset is more productive in its earlier years than its later years.

Scrap Value

The estimated residual value of an asset after its useful life has ended.

Camera Unit

A complete devise for capturing photographs or videos, including the body, lens, and potentially other integrated components.

Double-Declining-Balance

Double-declining-balance is an accelerated method of depreciation that doubles the regular depreciation rate, accounting for most of the asset's depreciation in the early years of its life.