Easy Office
LCI Learning

Calculation of wdv rate

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
03 May 2015 any body can please help me to calculate wdv rate as per new company act , if remaining life of assets is in days..........

assets value 100000
scrape vaLUE 5000
remaining life 2 year and 230 days

04 May 2015 In the given case you need to calculated the depreciation on per day basis.

Residual value/Remaining useful life in No. of days= Depreciation per day

and there charge the depreciation accordingly.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries