Depreciation ex 3 ch9

This topic has 1 reply, 2 voices, and was last updated 7 years ago by P2-D2.

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June 27, 2018 at 5:03 am #460292
richardscully
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Sir

Is the depreciation therefore 6m in total for the year just ended and not 3.5m for the coming year as the first of the 5 remaining? The 17.5 includes 2.5m for the current year.
July 2, 2018 at 9:23 pm #460757
P2-D2
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Hi,

The depreciation for the year-ended December 2014 will be the $2.5m as for the full year the life has remained unchanged.

The new depreciation will be charged for the year-ended December 2015.

Thanks
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