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Hi sir
Q2
Sir in S how did you get 100k -40k? I do not understand the 40k for 4yrs depr because question says the useful life is 9yrs and I got 100/9=11.11..
And how did calc the figure of 8k for S and 9k for H for the excess depr part?Q3
Depr 4m/2.5yr = 1.6 mil as calculated by me but the is 800k is answer. Pls help me to understand this.Thanks again Sir..
Q2 (solved)
Just realised need to minus scrap value
100-( 100k-10k)/9 × 4yrs= 60k
Revised scrap value 20k
Carrying value 60k 65k
Scrap value (20k) ( 20)
= 40k =45 profit 5
(/)Remain life 5yrs 5yrs
=8k =9k xs 1kNet pup= 5-1
= 4
Correct?
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