- This topic has 2 replies, 2 voices, and was last updated 1 year ago by
.
Viewing 3 posts - 1 through 3 (of 3 total)
- Posts
Hi, I was wondering why is depreciation not charged in year 4? I was under the impression that depreciation is charged in the year of sale unless otherwise stated therefore I get the value of the asset to be £983.04 before it is sold.
Thanks
Are we expected to do a time-apportioned in the final year (unless otherwise stated)? So in this case the time apportioned charged would be 0 in the final year since it was sold at the beginning of the year?
Viewing 3 posts - 1 through 3 (of 3 total)
- You must be logged in to reply to this topic.