Would this be accumulated depriciation?

label Accounting
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

On May 2, Bill purchased a used truck for $5,000 to use for his business. He estimates a trade-in value of $500 at the end of the estimated five-year life of the truck.

Oct 9th, 2015

Thank you for the opportunity to help you with your question!

yes it will be accumulated depreciation because it is used to estimate the book value  as in the given scenario he estimated trade in value of 500$ at the end of five years life of truck........ 

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Oct 9th, 2015

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Oct 9th, 2015
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Oct 9th, 2015
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