Hi ya all.. . I need help in chapter19 cashflow example6 . . How you guys come up with depreciation = 50 ??? i was calculating but it was 60. Can someone please explain it to me. . . Thank you
Without the question in front of me – I seem to remember that there is a movement in the Revaluation Account which needs to be taken into account when calculating the missing figure of depreciation. Does that help?