A depreciation schedule records all of the following EXCEPT ________.

Question

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A depreciation schedule records the calculation for each year's depreciation, the date an asset was placed into service, and the net book value, but it does not record the accumulated depreciation. Accumulated depreciation is a separate account on the balance sheet that tracks the total amount of depreciation expense that has been taken over the life of an asset.

A Depreciation Schedule Records All of the Following EXCEPT ________