Final answer:
The accumulated depreciation for a merchandising company's budgeted balance sheet is derived from the depreciation schedule or fixed assets register, which provides details on the depreciation of company assets over time.
Step-by-step explanation:
The amount of accumulated depreciation for the budgeted balance sheet of a merchandising company can be obtained from the company's depreciation schedule or the fixed assets register. The depreciation schedule provides a detailed report of the depreciation that has been applied to the company's assets over time. It shows the original cost of the asset, the accumulated depreciation up to the current period, and potentially, the net book value of the asset (the original cost less the accumulated depreciation).
It is important for businesses to track the accumulated depreciation for each asset not only for reporting purposes but also for tax considerations. This information is essential to prepare financial statements that provide insights into the company's financial position, including the merchandising company's budgeted balance sheet.