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F3 – depn I am confused by answer in Kaplan Study Kit

This topic has 1 reply, 2 voices, and was last updated 8 years ago by michealjames.

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May 23, 2014 at 2:59 pm #170330
beta123
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How would you calculated the reducing balance depreciation on a NCA, if you have the residual value of the asset, do you use this in calculation of the depreciation or not? Please help:)
May 23, 2014 at 8:35 pm #170372
michealjames
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The residual value of the NCA is ignored- not taken into account.
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