12 September 2016
I have to finalise the balance sheet of a private limited company for the fy 2015-16 but I dont know how to workout the dep for fy 2015-16. Depreciation schedule of fy 2014-15 is available with me and in fy 2015-16 there is no addition and deduction during the year and only and only against the opening balance as on 01-04-2015 dep has to be provided as on 31-03-2016. what to do now ? Please give me some simple idea. /