Depreciation calculation
This query is : Resolved
22 July 2010
A opening balance of plant and machinery shows Rs 1000000.00 A debit note of plant and machinery is received for inferior quality of goods in december Rs. 100000.00, advice me about the calculation of depreciation in this case. Full year depreciation is deducted or half year? tell me the treatment?
22 July 2010
U will get full depn on Rs. 900,000/- only for the whole year.
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