Easy Office
LCI Learning

Depreciation

This query is : Open 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
07 August 2012 How to take a depreciation when we make block of assets a/c. of any fixed assets for example..
Car A/c.
opp. bal. Rs. 213993
Old Car Sale on 15th oct Rs. 160000
New Car Pur.on 05th oct @ Rs.1030158
DP.Rate 15%.

What shoud be depreciation?
Profile Image

CA Navin Jain

Profile Image

CA Navin Jain (Expert)
07 August 2012 DP RATE @15% ON RS, 53993 (213993-160000)
DP RATE @7.5% ON RS. 1030128
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
07 August 2012 all thou if we made Block a/c. for that assets?
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links