Personal balance sheet deprication kaisa charge karna hoga .

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junior account assistant
47 Points Posted on 03 February 2023
asset m bike ,mobile , computer, induction motor hai,Inka rate of interest kitna hoga,pls reply me
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On 03 February 2023 at 18:12 Report
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Quick Summary
This discussion explores how to account for depreciation on personal assets such as bikes, mobile phones, and computers. While depreciation isn't typically claimed on personal belongings, specific rates apply to items like computers (15% or 40% depending on usage). The query also touches upon identifying income sources for balance sheet purposes.

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SEO Sai Gr. Hosp.
212447 Points Posted on 03 February 2023

Under which head you have income?

As such depreciation is not claimed on personal belongings.

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On 03 February 2023 at 18:16
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Chartered Accountant
86505 Points Posted on 03 February 2023
Except computer rate is 15% , for computer it is 40%.
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On 03 February 2023 at 20:12

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