Depreciation calculation
Krishna Rungta (Ceo) (49 Points)
15 November 2013Krishna Rungta (Ceo) (49 Points)
15 November 2013
Shruthi
(Article Assistent)
(336 Points)
Replied 15 November 2013
Hi Krishna,
The depreciation calculation would be as follow:
Purchased on | Value of the asset | Dep Rate | Dep |
01st April | 10,000.00 | 60% | 6,000.00 |
31st March | 10,000.00 | 60%*1/2 | 3,000.00 |
Since the 2nd computer is used for less than 180 days,
calculate half percent of actual depreciation rate.
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