01 June 2015
The rate stated above by you is under WDV Method. You need to calculate the depreciation @45.07% for 22 days. So there is nothing difficult about it.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
03 June 2015
will i charge the dep. for 22 days on the value of assets after deducting the (5%) Residual value.
04 June 2015
But in the sample excel files of depreciation calculator of caclubindia depreciation is charged directly on the original cost of the assets without deducting the residual value.