Opening WDV (Assets A,B,C,D) (1/4/11)- Rs 10,00,000
Additions (Asset E): Rs 50,000 on 31st December, 2011
Sales (31st January, 2012) of
case (i) Asset A sold for Rs 1,20,000
case (ii) Asset E sold for Rs 1,20,000
Depreciation rate 10%
Calculate Closing WDV (As on 31/3/2012) considering cases (i) and (ii) separately.
In both the cases the WDV as on 31.03.12 will be Rs. 827500.
Regards,
Devendra Kulkarni
hey i just modified it a little. please tell me if the answer is still the same.
what modifications you made?
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