Depreciation related query

Final 149 views 1 replies
in a company ..
suppose 100 rs. gross block
5% that is residual value
net block is 10 rs
co. sold this in 13 rs.


how i record this in co. depreciation chart
Replies (1)

Give complete details;

  1. Date of Purchase of such asset
  2. Date of Sale of such asset
  3. Useful Life
  4. Method of Depreciation - SLM or WDV


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