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we dont count the first year in? but it says a pro-rated charge on the year of acquisition and disposal..
can you link these lectures to me? and thank you so much I didn’t exclude the insurance cost cuz I thought 21,000 was the actual net worth.. silly me
and one more thing it was purchased in the first of april 2×13 (which the openning year) and disposed of on the end of march 2×18 ( year end)
so doesn’t that mean that the depreciation should be charged on 6 years? why 5?
when we calculated the share premium at end why did we subtract 37,500? I would really appreciate your answer and thank you in advance
