How to calculate depreciation for plant and machinery?
Answers
Answered by
0
Answer:
Steps
- Enter the asset's purchase price. For example, if you bought factory equipment for $1,000, then that's the amount that you'll use as the purchase price.
- Subtract the salvage value from the purchase price to find the depreciable cost. ...
- Divide the depreciable cost by the asset's lifespan to get the depreciation.
please mark me as the brainliest :)
Similar questions