The Accumulated Depreciation account represents a source of cash to be used to replace the asset in the future.

Name: The Accumulated Depreciation account represents a source of cash to be used to replace the asset in the future.
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Accumulated Depreciation does not represent a source of cash, rather it is a contra account that reduces the value of the asset on the balance sheet. It represents the total amount of depreciation expense that has been charged to the asset over its useful life.

The Accumulated Depreciation Account Represents a Source of Cash to Be