depreciation
This query is : Open
22 June 2017
A fixed asset was bought for Rs. 5,00,000. Its accumulated depreciation is Rs. 3,00,000 and the rate of depreciation is 12%. Calculate its
depreciation expenses for the current accounting period using the reducing balance method?
depreciation expenses for the current accounting period using the reducing balance method?
22 June 2017
Dep will be Rs.24000/-
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