Accountancy, asked by vohraaditya160, 11 months ago

how to calculate reamaining depreciation balance in depreciation in case of written down method​

Answers

Answered by pooja12333
0

Answer:

In the written down value method you should calculate depreciation for the first year and the for the next year you should minus the depreciation amount from original value of the asset and then charge depreciation for the amount. And the same counties for the next....

If u want to know the profit or loss on the sale of asset add all the depreciation till the end and minus it from the original cost and then minus the value u get from the amount u get from the sale. You will know the profit or loss...

Hope so it helps u...

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