Depreciation on fixed assets

This query is : Resolved

varma2233 (Querist)
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13 June 2013 26.05.2009 (PVT LTD) our company computers purchased on credit 52120/-

10.06.2009 our company computers purchased on credit 35500/-

07.07.2009 our company computers purchased on credit 5375/-

05.08.2009 our company computers purchased on cash 26520/-

04.12.2009 our company computers purchased on cash 40400/- but they dep calculated 17539/-

passed jv

accumulate depreciation on computers a/c Dr 17539/-
To Depreciation a/c 17539/-

what is the calculation

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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16 June 2013 you have to check the depreciation methods and the rates which applying by your company and based on number of days used you can calculate the depreciation