Depreciation
This query is : Resolved
07 April 2008
if we have charged depreciation around 93% till date. can we write of only 2% in next year to fullfill 95% condition if we r following SLM method
07 April 2008
what is the asset category and depreciation rate, and what is the method followed ?
07 April 2008
Your question not clear. 95% depn means about scrap value for plants etc. Inform the asser category etc & details
Your question not clear. 95% depn means about scrap value for plants etc. Inform the asser category etc & details
08 April 2008
Hi Deepak,
As per SLM method, there will not be any balance coz under SLM fixed amount of depreciaition is charged every year. Further, the balance shall be traeted as scrap.
Rgds/
Vineet
As per SLM method, there will not be any balance coz under SLM fixed amount of depreciaition is charged every year. Further, the balance shall be traeted as scrap.
Rgds/
Vineet
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