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Depreciation on UPS Batteries


13 February 2024 Dear Experts,
1 A company is having the opening WDV for ups batteries as on 01-Apr-2023 say for Example Rs 1,00,000.00
2 During the current FY, it sold all of them for Rs 30,000.00 dated 31-Jan-2024
3 Now the calculation for depreciation to be considered for 12 monthly?
4 How the accounting treatment to be carried out.
5 Please confirm

15 February 2024 Yes, Consider the depreciation 12 months and provide the journal voucher for depreciation...

15 February 2024 Balance value will be transfer to PandL account as "LOSS ON SALE OF BATTERIES"


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