Wdv at a particular date
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 August 2015
how to calculate WDV at a particular date when scrap value and life of asset is not known..??
thanks
thanks
Amol S Joglekar
(Expert)
06 August 2015
The life of the asset is to be estimated by either the manufacturer of that asset OR management of the business using that asset OR engineers/valuers.
The scrap value is also to be estimated on the similar lines as that of useful life.
The scrap value is also to be estimated on the similar lines as that of useful life.
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