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Forums › ACCA Forums › ACCA FA Financial Accounting Forums › calculation of depreciation (please help)
2008- 1 january 960000
2008-30 june cash purchase of plant 160000
2008- 31 march transfer disposals 60000
2008- 30 september disposals 55000
2008 -31 december balance 924000
charge depreciation at 20% straight line basis in the year of purchase not in the year of sale. All assests life not more than 5 years.
what should be the depriciation charge for the year ended december 2008?
