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ABC has been charging depreciation on an item of plant and machinery on a straight-line basis. the machine was purchased on1- 14 -2012 at 325000 it is expected to have a total useful life of five years from the date of purchase and received your value of 25000. calculate the book value of the machine as on1- 14 -14 and total depreciation charged till 31- 3-14 under straight line method. the company wants to change the method of depreciation and charge depreciation at 20 percentage on written down value from 2014 to 15. is it valid to change the method of depreciation? explain the treatment required to be done on books of accounts in context of AS- 6. ascertain depreciation to be charged for 2014 -15 and net book value of Machine on 31 3-15 after giving effect to the above changes in the method of depreciation. |
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Answer» Answer: what is this something you can see the ATTACHED file is SCANNED IMAGE in PDF FORMAT or not I don't know if |
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