- This topic has 1 reply, 2 voices, and was last updated 1 month ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
- May 28, 2020 at 11:33 am
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
VictorMay 28, 2020 at 4:28 pmAssuming 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).
Viewing 2 posts - 1 through 2 (of 2 total)
You must be logged in to reply to this topic.