Shubham
(student)
(73 Points)
Replied 28 September 2020
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 28 September 2020
Ok, this page two impaired my view of real purchase amount- 153000/10=15,300 per annum.
six years accumulated amortisation = that * 6.
Because amortisation starts from year 1 (acquired year)
Shubham
(student)
(73 Points)
Replied 28 September 2020
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 28 September 2020
Amortisation Accumulated amortisation
Year 1 15300. 0
year 2 15300 15300*2
year 3 15300 15390*3
year 4 15300 15300*4
year 5 15300 15300*5
year 6 15300 15300*6
year 7 15300 “
year 8 15300 “
year 9 15300 “
year 10 15300. “
If you add all five years or multiply 15300*5 , you get the same result. You have to subtract that amount annually. For example NBV at year 5= 1530000-76500 (15300*5)= 76500. Or you can subtract for each year. Impairment happened in year five= 76500- impairment amount= carry forward NBV. In other words it’s a short cut to subtract accumulated depreciation
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 28 September 2020
use this calculator. Just input 153000, 0, 10 and press calculate button. You will know what is depreciation schedule
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