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Wdv method
if u have a machinery which has scrap value of 90000 after 10 yrs and cost price is 1000000 then what its depreciation in percentage under wdv method?
Replies (1)
ok so formula for depreciation is 1-(scrap value of asset/cost of asset)^1/useful life of asset in yearsx100
so accoridng to this formula 24.57%
refer cpt accounts book depreciation accounting you will get formula i can't write properly here
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