- This topic has 1 reply, 2 voices, and was last updated 7 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
Dear Sir,
I can’t understand why the accumulated amortisation is ignored (5th line in the trial balance) when calculating the amortisation charge? I can see the same in the kaplan revision kit. They’ve taken 20% of 20000 for calculating amortisation.Shouldn’t it be
Capitalised Development expenditure b/f @ 1st Oct 2007 – 20000
Accumalated amortisation b/f @ 1st Oc 2007 – (6000)
14000
20% Reducing balance (2800)
CV at 30 sep 2008 11200Your clarification would be much appreciated?
Viewing 2 posts - 1 through 2 (of 2 total)
- The topic ‘Dec 2008 Q2 Candel’ is closed to new replies.