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Non current Assets
iv – workingPlant and equipment
-Owned (46800-12800-8500) = 25500 ok
-lease (20000-5000-5000) = 10000 here I do not know were the second 5000 is coming from – could someone help me
– contract (8000-2000) = 6000 ok- Topics: 0
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Leased plant
CV @ acquire date on 01.04.2007:……………………………………….20,000
Accumulated depre to 31.03.2008:………………………………………..(5000)
Depreciation for the y/e 31.03.2009 (from 01/04/08-31/03/2009):…..(5000) = (20,000 x 25%)
CV @ 31.03.2009 = 10,000
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