Please tell me how to calculate useful life of o fixed assets and depriciation method and if a company purchase mobile phone of Rs. 60700.00 as on 03.07.2017, software amounting Rs. 34406.78 as on 30.10.17 and Furniture of Rs. 32812.50 on 17.10.17. what will be its deprication in 31.03.2018 There were some fixed assets that had there opening balance as on 01.04.2017. Last year deprication schedules attached. Please guide me.
Thanks in advance
Attached File : 1652054 20180807180618 depriciation.jpg downloaded: 83 times
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