Depreciation
This query is : Resolved
08 September 2009
SIR ,
WITH REFERENCE TO MY PREVIOUS QUERY RELATED TO CHARGING OF DEPRECIATION, I WOULD LIKE TO KNOW WHEATHER THE FOLLOWING CALCULATION IS CORRECT
WDV AS ON 1/4/2006 (15%) RS 120000
LESS:DEP RS 18000
WDV AS ON 1/4/2007 RS 102000
LESS DEP RS 15300
WDV AS ON 1/4/2008 RS 86700
THEREFORE DEPRECIATION FOR THE PY SHOULD BE CALCULATED ON RS 86700 ie RS 13005
WITH REGARDS
RAJ
WITH REFERENCE TO MY PREVIOUS QUERY RELATED TO CHARGING OF DEPRECIATION, I WOULD LIKE TO KNOW WHEATHER THE FOLLOWING CALCULATION IS CORRECT
WDV AS ON 1/4/2006 (15%) RS 120000
LESS:DEP RS 18000
WDV AS ON 1/4/2007 RS 102000
LESS DEP RS 15300
WDV AS ON 1/4/2008 RS 86700
THEREFORE DEPRECIATION FOR THE PY SHOULD BE CALCULATED ON RS 86700 ie RS 13005
WITH REGARDS
RAJ
08 September 2009
Yes, you are right
chetan soni
(Expert)
08 September 2009
agree with experts.
Murtaza I Bhagat
(Expert)
08 September 2009
Its right method which is done by u & experts are right.
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