Depreciaton
This query is : Resolved
Puneethkumar
(Querist)
27 August 2013
Hi All,
Could you please let me know how to calculate depreciation in case of MNC's, will it be on the basis of block of assets concept or will they calculate depreciation in some other way?
Will it be like
Cost of FA - Scrap value/no of years of
Could you please let me know how to calculate depreciation in case of MNC's, will it be on the basis of block of assets concept or will they calculate depreciation in some other way?
Will it be like
Cost of FA - Scrap value/no of years of
Puneethkumar
(Querist)
27 August 2013
Cost of FA - Scrap value/no of years of life of an asset?
CMA Ramesh Krishnan
(Expert)
05 September 2013
you can decide first your method of depreciation either SLM or WDV then apply the same
Puneethkumar
(Querist)
05 September 2013
Sorry Sir I dint get that point, can u please explain me
CMA Ramesh Krishnan
(Expert)
05 September 2013
the formula which you mentioned is the method of straight line method depreciation only
so method of depreciation need to be decided as whether Straightline method or Written down value method
so method of depreciation need to be decided as whether Straightline method or Written down value method
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