A visit to factory or workshop or small scale industry and a study of various methods adopted for calculation of depreciation it's important
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Most of the small scale industries use straight line method to calculate their depreciation value. But some of them are also use written down value, WDV or SL method to increase their profit margin.
According to the Company Act, they need to produce the disclosure of AS-6 and they must include notes and schedules in their annual reports. Plus total depreciation will be calculated as company assets in this straight line method.
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