Can anybody explain how ans of depriciation are coming like this
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in straight line method ... u should apply dep% without deducting depreciation fund(reserve balance)
in diminishing balance method....u should adjust sales or purchases and then deduct depreciation on opening balance from it and now calculate depreciation on this net amount.
in diminishing balance method....u should adjust sales or purchases and then deduct depreciation on opening balance from it and now calculate depreciation on this net amount.
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