Dear Mr. John
If the question says under T a/c in Credit side
30 Jun Transfer disposal account 40000/- and year ended 30 September 20*3 at 20 % deprecation charge .
What is number of month of calculation of dep charge with the balance 1 oct balance 200,000 ?
Regards
Victor
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Tangible Non current asset
6y ago#1Assuming that the question says that depreciation is calculated on a monthly basis (and does not say a full years charge in the year of purchase and none in the year of sale), then $200,000 will be depreciated for 9 months (October to end June) and $160,000 will be depreciated for 3 months (July to end September).
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