Can anyone plz specify the formula for directly finding the original value of a depreciable asset, depreciated by WDV method.
i.e. for exp say A machine has a wdv of Rs. 3,74,026 after 4 yrs. depreciated @ 7%. What would be the formula to directly calculate its original value?
| Rs. 3,74,026 after 4 yrs. depreciated @ 7%. | ||||||||
|
Suppose original value Rs. 100/- than after depreciation for 4 Years @ 7% will make that Value Rs. 74.8052 you can apply this forumula to get original value. =3,74,026/74.8052*100
|
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| 374026 | 500000 | 100 | 7 | 93 | 500000 | 35000 | 465000 | |
| 93 | 6.51 | 86.49 | 465000 | 32550 | 432450 | |||
| 86.49 | 6.0543 | 80.4357 | 432450 | 30271.5 | 402178.5 | |||
| 80.4357 | 5.630499 | 74.8052 | 402178.5 | 28152.49 | 374026 | |||
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