Calculation of wdv rate

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Querist : Anonymous

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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.


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