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topakin2002

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Active 6 years ago
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Viewing 3 posts - 1 through 3 (of 3 total)
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  • June 8, 2017 at 8:01 am #391723
    mysterytopakin2002
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    The formula for excess depreciation is:

    Depreciation on historical cost minus depreciation on revaluation cost.

    So am confused.

    June 8, 2017 at 7:24 am #391701
    mysterytopakin2002
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    I did the same, but for the excess depreciation calculation, what did you do? I didn’t see any information on previous depreciation so was difficult to establish what the new depreciation and excess would be.

    June 8, 2017 at 7:12 am #391700
    mysterytopakin2002
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    I did a paper based exam , it was ok, but I felt like some information was missing in question 32 for the excess depreciation calculation. The cost of property and previous depreciation was not in the question. Did anyone else have the same experience?

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