Easy Office

Straight line method of depreciation

This query is : Resolved 
Profile Image

Profile Image

(Querist)
11 August 2015 Dear Sir

We have purchased a fixed asset in FY 1415 for Rs.1 Lac and charged dep as per SLM.

In the next fin year how should we calculate dep i.e. on Rs. 1 Lac or cl bal as on 31.03.15. i.e. (100000 - dep of 14-15 )

pl confirm
Thanks
Arun
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
11 August 2015 In case of SLM calculate depreciation on Rs. 1 lac.

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


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links